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One Park Place 7600 NE 41st St 67,678 SF 82% Leased Office Building Vancouver, WA 98662 $13,321,373 CAD ($196.83 CAD/SF) 9.75% Cap Rate
Investment Highlights
- One Park Place Roof replaced in October 2016 and comes with a 20 year warranty.
- Weighted Average Lease Term (WALT) of approximately 3.54 years.
- Two Park Place is fully leased to Bonneville Power Administration, who recently extended its lease term.
- Well maintained and professionally managed office buildings.
- 2026 Budgeted NOI: $2,350,417
- Two Park Place was originally built as a build-to-suit for Bonneville Power Administration
Executive Summary
covered parking structure, roof-top satellite feeds, and extra capacity HVAC systems. Additional amenities include locker rooms with showers, high tech conference rooms,
covered outdoor patio, and upgraded interior finishes.
Buildings can be sold separately or together.
One Park Place: $9,387,000 ($138.71/SF) -80% Occupancy
Two Park Place: $14,720,000 ($174.78/SF) - 99.4 % occupancy
Portfolio Price: $24,107,000 (Blended $158/SF)
Property Facts
Amenities
- Conferencing Facility
- Property Manager on Site
- Restaurant
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Utilities
- -
- -
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As a self-funding, nonprofit federal power marketing administration within the Department of Energy, BPA covers its costs by selling its products and services. This cost-based model allows BPA to offer affordable power and transmission services that drive the region’s economy.
- DJ&A
- Services
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Utilities | - | - | Lorem Ipsum | Jan 0000 | |
| DJ&A | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite is divisible to a smaller size
One Park Place is one of Vancouver's premier suburban office buildings. It features a beautiful contemporary brick and glass exterior, lush landscaping, covered parking structure, roof-top satellite feeds, and extra capacity HVAC systems. It also offers locker rooms with showers, high tech conference room, on-site deli, covered outdoor patio, and upgraded interior finishes.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 150 | 5,017 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 204 | 3,793 SF | Office | Partial Build-Out | Now |
| 3rd Fl-Ste 310 | 3,645 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 150
| Size |
| 5,017 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 3,793 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 310
| Size |
| 3,645 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 150
| Size | 5,017 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Suite is divisible to a smaller size
2nd Fl-Ste 204
| Size | 3,793 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
3rd Fl-Ste 310
| Size | 3,645 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
One Park Place is one of Vancouver's premier suburban office buildings. It features a beautiful contemporary brick and glass exterior, lush landscaping, covered parking structure, roof-top satellite feeds, and extra capacity HVAC systems. It also offers locker rooms with showers, high tech conference room, on-site deli, covered outdoor patio, and upgraded interior finishes.
Property Taxes
| Parcel Number | 160543-000 | Improvements Assessment | $17,232,069 CAD |
| Land Assessment | $2,547,906 CAD | Total Assessment | $19,779,975 CAD |
Property Taxes
Presented by
One Park Place | 7600 NE 41st St
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