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Single-Tenant NNN Property
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4807 E Fourth Plain Blvd, Vancouver, WA 98661

Renovated quick-service restaurant with drive-thru access at a signalized intersection near Vancouver Mall.

Property Size1,328 SF
Lot Size0.33 Acres
Price / SF$1,261
Days on Market9

Property Features for 4807 E Fourth Plain Blvd

General Information

Standard status Active
Size 1,328 SF
Lot size 0.33 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $108,900

Additional Details

Cap Rate 6.5%
Drive-Thru Yes

Building Details

Year Built 1956
Year Renovated 2013
Buildings 1
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap - Portland
Listed By: Eric Garske · License #OR 201235586
Source: Crexi
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 19 at 11:10AM

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.

This single-tenant NNN property includes a 1,328-square-foot quick-service restaurant on a 0.33-acre parcel. The building dates to 1956 and underwent extensive renovation in 2013, with a drive-thru serving the restaurant’s operating configuration. The asset has maintained restaurant operations for more than 70 years.

Located at a signalized corner along E Fourth Plain Boulevard in Vancouver, Washington, the property is near Vancouver Mall and established residential areas. Surrounding retailers include Target, Dutch Bros, Taco Bell, 7-Eleven, and Dollar Tree, while nearby schools add to the established commercial and community setting.

The Absolute NNN lease began in August 2014 and carries a primary term through July 2034. Contractual rent increases occur every five years at 10%, followed by four five-year renewal options. The reported cap rate is 6.50%.

Key Highlights

  • 1,328‑square‑foot quick‑service restaurant on a 0.33‑acre parcel
  • Drive‑thru restaurant at a signalized corner along E Fourth Plain Boulevard
  • Originally built in 1956 and extensively renovated in 2013

Property Analytics

Current Use

Dairy Queen Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Hotel & Motel Storage Facility Law Firm Big Box & Wholesale Store

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

758
Businesses Nearby

Demographics for 98661, WA

48,983
Population
22,291
Households
2.2
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,494
Density / Sq Mi
$75,037
Median Household Income
$43,920
Median Earnings
$1,440
Median Rent
$424,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Renovated quick-service restaurant with drive-thru access at a signalized intersection near Vancouver Mall.
Where is this nnn property located?
The property is located at 4807 E Fourth Plain Blvd Vancouver, WA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 1,328‑square‑foot quick‑service restaurant on a 0.33‑acre parcel; Drive‑thru restaurant at a signalized corner along E Fourth Plain Boulevard; Originally built in 1956 and extensively renovated in 2013
(503) 200-2031 Call to check price and availability
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