701 NE 136Th Ave Vancouver, WA 98684
Property Features for 701 NE 136Th Ave
General Information
- Lot size
- 2.07 Acres
Source:
Moodyscre
Listing Agency: Marcus & Millichap, Inc. Listing Agent: Joel Deis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Vancouver Evergreen Plaza Office Property
Vancouver Evergreen Plaza is a Class A office property encompassing 33,672 square feet, constructed in 2008. The property is situated on a 2.07-acre lot and provides 167 parking stalls, resulting in a parking ratio of 4.96 per 1,000 square feet. The property is located in Vancouver, WA. The building is 100% occupied by three tenants. Two tenants have scheduled rent increases, and one tenant has a profit-sharing structure. The property is positioned in Vancouver’s Cascade Park submarket, minutes from downtown Portland. It benefits from consistent population growth in the area. Immediate access to I-205, SR-500, I-5, and SR-14 enhances connectivity. Nearby residential expansion supports long-term demand. The property is offered at less than 50% of replacement cost, presenting an attractive basis below market standards. This discount allows for strategic improvements to drive higher rents and long-term value. The low cost basis enables competitive leasing strategies to minimize vacancies and maximize occupancy.
Location Intelligence
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Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.5329773
- Latitude
- 45.6263928
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FAQs
What type of property is this?
Office building - Class A office property in Vancouver, WA, fully occupied.
Where is this office building located?
The property is located at 701 NE 136Th Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $4,840,000.
What are key features of this property?
This property features: - 100% occupancy with three tenants, ensuring minimal management responsibilities.; - Located in Vancouver's Cascade Park submarket with immediate access to I-205, SR-500, I-5, and SR-14.; - Offered at less than 50% of replacement cost, providing an attractive basis.