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6200 NE Highway 99

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6200 NE Highway 99

6200 NE Highway 99, Vancouver, WA 98665
Retail For Sale Pending Built 1978 1 floors Zoning: GC
Asking Price
$4,999,999
Total Building16,209 SF
Land37,026 SF land
ConstructionFramed
MarketClark County
CountyClark

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
306229
Listing ID
708805
Type
Retail
Asset Class
Retail
Zoning
GC

Description

We are pleased to present the opportunity to acquire the Pacific 63 Center, a generational opportunity to acquire a compelling value-add shopping center strategically located on a high traffic, signalized corner with 2.46 acres of land area in Vancouver, Washington. Anchored by the #4 ranked 7-Eleven in Washington State, per Placer.ai and featuring a separate parcel allowing for optionality in future ownership strategies.Current in-place rents average just $13.83 psf, significantly below prevailing market rates for similar retail space which average $18 psf plus NNN reimbursement. This creates an exceptional opportunity for future ownership to transition the current tenancy to full NNN reimbursement structures, or significantly boost NOI through new tenant lease up.Current rents average

Listing Courtesy of:

DG
David Gellner
Kidder Mathews
999 W Main Street, Suite 100,
Boise, ID 83702
State: WA City: Vancouver ZIP: 98665 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.