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7500-7600 NE 41st Street, Vancouver, WA 98662

Well-maintained office buildings with a long-term tenant and modern amenities.

Days on Market247

Property Features for 7500-7600 NE 41st Street

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1989
Listing Agency: Macadam Forbes
Listed By: Todd Collins · License #OR #881000059
Source: Macadamforbes
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 30 at 5:06AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

One and Two Park Place are two suburban office buildings featuring a contemporary brick and glass exterior, landscaping, a covered parking structure, roof-top satellite feeds, and extra capacity HVAC systems. Additional amenities include locker rooms with showers, high-tech conference rooms, a covered outdoor patio, and upgraded interior finishes. Located within the Vancouver Mall office submarket, the site is adjacent to Heathman Lodge, The Staybridge Hotel, and Vancouver Mall, and is 10 minutes from Portland International Airport. Nearby retail tenants include Chick-fil-A, AMC Theatre, Hobby Lobby, and Target. The Vancouver Mall office submarket consists of 890,000 square feet of space. Two Park Place is fully leased to Bonneville Power Administration, who recently extended its lease term. Two Park Place was originally built as a build-to-suit for Bonneville Power Administration. The buildings are well-maintained and professionally managed and have a two-story parking garage. The weighted average lease term is approximately 3.6 years.

Key Highlights

  • Two Park Place is fully leased to Bonneville Power Administration, providing stable income with a recently extended lease term.
  • Located in the Vancouver Mall office submarket, experiencing rent increases exceeding the broader Portland market.
  • Well‑maintained and professionally managed office buildings.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Daycare Center Florist Acupuncture Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,510
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office buildings with a long-term tenant and modern amenities.
Where is this office building located?
The property is located at 7500-7600 NE 41st Street Vancouver, WA.
What are key features of this property?
This property features: Two Park Place is fully leased to Bonneville Power Administration, providing stable income with a recently extended lease term.; Located in the Vancouver Mall office submarket, experiencing rent increases exceeding the broader Portland market.; Well‑maintained and professionally managed office buildings.
More about this property
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