11608 Northeast 76Th St Vancouver, WA 98662
NNN-leased Floor & Decor investment property in Vancouver, Washington.
Property size:
49,975 SFProperty Features for 11608 Northeast 76Th St
General Information
- Size
- 49,975 SF
Building Details
- Year built
- 1989
Source:
Corfac
Listing Agent: Ashton Summers
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Leased Retail Investment Property
This is an opportunity to acquire a fee simple interest in a NNN-leased Floor & Décor investment property in Vancouver, Washington. Floor & Décor Outlets of America, Inc. has signed a 15-year lease with four 5-year options to extend. The lease is NNN, with landlord responsibilities limited to the repair and replacement of the roof and structure. The tenant paid for all recent renovations to the property. The property is located at the intersection of NE 76th Street and NE 117th Ave, with a combined average of approximately 22,000 vehicles passing the site per day. Floor & Décor sought this location as a strategic alignment with the neighboring Lowe’s. The property is a newly remodeled corporate-guaranteed investment property. The tenant is an expanding national tenant. The property size is 49,975 square feet. Vancouver, Washington, located in Clark County, is a dynamic city within the Portland-Vancouver metropolitan area. As of 2024, Clark County’s estimated population is 525,563, reflecting steady growth at 0.85% over the past year. Vancouver itself is home to approximately 191,000 residents. The tenant's commitment to the site is demonstrated by a 2025 remodel.
Location Intelligence
Current Use by Public Records
Showrooms
Similar Places Nearby
Cfm, Contract Furnishings Mart, Lowe's Home Improvement, Cabinets at Contract Furnishings Mart, Eclectic Stone or Tile
Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.5533971
- Latitude
- 45.6785319
Nearby Similar for Sale
FAQs
What type of property is this?
Showroom - NNN-leased Floor & Decor investment property in Vancouver, Washington.
Where is this showroom located?
The property is located at 11608 Northeast 76Th St Vancouver, WA.
What is the asking price?
The asking price for this property is $7,385,000.
What are key features of this property?
This property features: - NNN-leased property with a corporate guarantee from Floor & Décor (NYSE: FND).; - 15-year lease term with four 5-year options, indicating long-term tenant commitment.; - Strategic location next to the #2 Lowe's store in Washington, per Placer.ai, creating synergy and high traffic.