Medical/Office Buildings with Long-Term
For Sale
$6,750,000
11012–11014 NE FOURTH PLAIN BLVD, Vancouver, WA 98662
Two buildings totaling 12,037 SF, fully leased, renovated in 2021.
Property Size12,307 SF
Price / SF$548.47
Days on Market197
Property Features for 11012–11014 NE FOURTH PLAIN BLVD
General Information
Standard status
Active
Size
12,307 SF
Class
B
Property subtype
Office
Building Details
Building Size
12,307 SF
Year Built
1975
Listing Agency:
Norris & Stevens, Inc. - Corporate
(503) 225-8455
Listed By:
Tim Pfeiffer · License #–201204213
Source:
Tcnworldwide
Added: Jan 27
Changed: Aug 11
Last Checked: Aug 12 at 5:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Norris & Stevens, Inc. - Corporate
Investment Insights
Based on property information with market context.
Located in Vancouver, Washington, the property at 11012 - 11014 NE Fourth Plain Boulevard consists of two buildings totaling 12,037 square feet. The space is currently 100% occupied by a long-term tenant using the space for medical and office purposes. The existing lease is a twenty-year lease, with the first ten years as the "Firm-Term" and the following ten years as the "Soft-Term". Prior to tenant occupancy in April 2021, both buildings underwent a $2,000,000 ground-up renovation. The property includes 57 surface parking stalls and has good access to I-205 and WA-500. It is also located near public transit. The location sees approximately 16,700 vehicles per day. The sale includes 7 tax lots.
Key Highlights
- Long‑term tenant in place with a 20‑year lease (10‑year firm term)
- $2,000,000 ground‑up renovation completed in 2021
- 100% occupied
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,820
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98662, WA
37,134
Population
14,609
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
2,856
Density / Sq Mi
$91,883
Median Household Income
$45,847
Median Earnings
$1,685
Median Rent
$424,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two buildings totaling 12,037 SF, fully leased, renovated in 2021.
Where is this medical office space located?
The property is located at 11012–11014 NE FOURTH PLAIN BLVD Vancouver, WA.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Long‑term tenant in place with a 20‑year lease (10‑year firm term); $2,000,000 ground‑up renovation completed in 2021; 100% occupied
