Three-Tenant Retail
For Sale
$5,230,000
14403 NE Fourth Plain Blvd, Vancouver, WA 98682
Established occupants operate under NNN leases with scheduled 10% increases every five years and renewal options.
Property Size6,913 SF
Lot Size1.06 Acres
Price / SF$756.55
Days on Market18
Property Features for 14403 NE Fourth Plain Blvd
General Information
Standard status
Active
Size
6,913 SF
Lot size
1.06 Acres
Property subtype
Shopping Strip
Site & Location
Drive-Thru
Yes
Anchor Co-Tenants
Starbucks, ATI Physical Therapy, Chiro One Wellness Centers
Additional Details
Cap Rate
5.5%
Amenities
Evergreen Crossing is anchored by a top 70th percentile (Placer.ai) drive-thru Starbucks and complemented by ATI Physical Therapy and Chiro One, providing a strong daily-needs tenant mix.
All three tenants operate under Triple Net (NNN) leases with minimal landlord responsibilities, 10% rent increases every five years, and renewal options for long-term income growth.
Positioned on NE Fourth Plain Blvd, the property is shadow anchored by Walmart and surrounded by national retailers including Goodwill, Dutch Bros, Chase Bank, and Panda Express.
The area continues to grow with the 184,000 SF CSB Beverages warehouse, planned Amazon distribution facility, future CCS Live campus, and new 52,525 SF Kestrel Commercial development.
Building Details
Building Size
6,913 SF
Year Built
2019
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Portland
(503) 200-2031
Listed By:
Eric Garske · License #License(s): OR: 201235586, ID: SP57407
(503) 200-2031
Source:
Marcusmillichap
Added: Aug 13
Changed: Aug 30
Last Checked: Aug 30 at 1:20PM
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 Marcus & Millichap - Portland
Investment Insights
Based on property information with market context.
Evergreen Crossing is a 6,913-square-foot retail center with three tenant spaces on 1.06 acres. Completed in 2019, the property includes a drive-thru Starbucks, ATI Physical Therapy, and Chiro One Wellness Centers. All three leases are structured as Triple Net, with 10% rent increases every five years and multiple renewal options.
The center fronts NE Fourth Plain Boulevard in Vancouver, Washington, and is shadow anchored by a Walmart Supercenter. Nearby commercial users include Goodwill, Dutch Bros, Chase Bank, and Panda Express. The surrounding area also includes the completed 184,000-square-foot CSB Beverages distribution warehouse, a planned Amazon distribution facility, the future 11-acre CCS Live campus, and Kestrel Commercial, a 52,525-square-foot development planned with eight commercial pads for restaurants and neighborhood-serving retail.
The center fronts NE Fourth Plain Boulevard in Vancouver, Washington, and is shadow anchored by a Walmart Supercenter. Nearby commercial users include Goodwill, Dutch Bros, Chase Bank, and Panda Express. The surrounding area also includes the completed 184,000-square-foot CSB Beverages distribution warehouse, a planned Amazon distribution facility, the future 11-acre CCS Live campus, and Kestrel Commercial, a 52,525-square-foot development planned with eight commercial pads for restaurants and neighborhood-serving retail.
Key Highlights
- 6,913‑square‑foot retail center on 1.06 acres
- Three tenants: Starbucks, ATI Physical Therapy, and Chiro One Wellness Centers
- Drive‑thru Starbucks anchors the center
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 98682, WA
65,434
Population
24,288
Households
2.7
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
28.5 sq mi
ZIP Area
2,296
Density / Sq Mi
$95,863
Median Household Income
$48,723
Median Earnings
$1,766
Median Rent
$442,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Established occupants operate under NNN leases with scheduled 10% increases every five years and renewal options.
Where is this strip mall located?
The property is located at 14403 NE Fourth Plain Blvd Vancouver, WA.
What is the asking price?
The asking price for this property is $5,230,000.
What are key features of this property?
This property features: 6,913‑square‑foot retail center on 1.06 acres; Three tenants: Starbucks, ATI Physical Therapy, and Chiro One Wellness Centers; Drive‑thru Starbucks anchors the center
