Se Connecter/S’inscrire
Votre courriel a été envoyé.
Klineline Center 2 biens • Commerce de détail • À vendre 5 396 986 $ CAD • Vancouver, WA
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 92% Leased Business Center with Newly Signed Leases | Strong Historical Occupancy | Below Market Rents
- Staggered Lease Expiration Dates | Flexible Retail and Commercial Zoning
- Strong Rent Growth (3.3% Annually) and High Barrier-to-Entry Market
- Over $100,000 In Recent Property Improvements
- Strategic Location on HWY 99 (17,500+ VPD) | High Population Growth Sub-Market
- Flexible Retail and Commercial Zoning
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale Klineline Center, a value-add business center located in the heart of Vancouver, WA (Portland/Vancouver MSA). The property is 92% occupied, with three tenants recently signing long-term leases, and over 65% of the GLA leased by tenants who have been at the property for more than five years. The two largest tenants have over 30 years of occupancy. The tenants pay an average rent of $16.68/SF Gross, with market rents achievable in the $18 – $20/SF Gross range, offering upside potential. Since 2020, the property has received over $100,000 in upgrades, including a new roof on the 11819 building, new HVAC units, parking lot seal coat, LED signage, and lighting. Klineline Center is strategically located on NE Hwy 99, which sees over 17,500 vehicles per day, and is next to a successful grocery store, ensuring consistent customer traffic. Zoned GC (General Commercial), the property allows for numerous uses, including retail, office, light manufacturing, and multifamily. The 98686 zip code has seen over 16% population growth since 2011, with a projected 7.6% increase in the next five years within a 5-mile radius of the property. The Vancouver/Portland retail submarket has experienced 3.3% annual rent growth over the past five years, with a 4.5% vacancy rate as of Q4 2024. Washington State’s income tax-free status provides additional financial benefits to investors.
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 396 986 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 272,58 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 6,07% | Taille totale du bâtiment | 19 800 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 3,14 AC |
| Statut | Actif |
| Prix | 5 396 986 $ CAD |
| Prix/pi² | 272,58 $ CAD / pi² |
| Taux de capitalisation | 6,07% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 19 800 pi² |
| Superficie totale du terrain | 3,14 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 11813 NE Highway 99, Vancouver, WA 98686 | Commerce de détail | 11 800 pi² | 1979 | - |
|
Klineline Center
11815 NE Highway 99, Vancouver, WA 98686 |
Commerce de détail | 8 000 pi² | 1979 | - |
1 de 12
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
Présenté par
Klineline Center
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.