7414 NE Hazel Dell Ave, Vancouver, WA 98665
Built in 1978 and renovated in 2018, this office building offers a modern creative workspace for long-term tenants.
- Added:
- Jun 9, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 11 at 2:54 am
Property Features for 7414 NE Hazel Dell Ave
General Information
- Standard status
- Active
- Size
- 15,042 SF
- Lot size
- 0.76 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing agent Zack Danner License #License(s): OR: 201254181 (503) 200-2036
Listing office Marcus & Millichap | Sacramento (503) 200-2036
Listing date Jun 9, 2026
Source Marcusmillichap
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 | Sacramento
HighLights
- 15,042 SF office asset in Vancouver, Washington built in 1978
- Renovated in 2018 with interior and exterior improvements
- Located on 0.76 acres in the Hazel Dell/Salmon Creek submarket
- Long‑term technology tenants Evosus and Centerlogic have operated from the property
- Hazel Dell/Salmon Creek corridor vacancy rate reported at 1.3%
- Short description: built in 1978 and renovated in 2018 to support a modern office environment
Overview
Located at 7414 NE Hazel Dell Ave in Vancouver, Washington, the property sits on 0.76 acres in the Hazel Dell/Salmon Creek submarket. The offering is presented as part of a supply-constrained commercial corridor, with a vacancy rate cited at 1.3%.
This asset is well-suited for an owner-occupier, private investor, or 1031 exchange buyer seeking an office building with documented tenancy continuity. Long term technology tenants Evosus and Centerlogic have operated from the location for an extended period, supporting the building’s established fit for office users. The renovated nature of the property may appeal to buyers looking for a turn-key office option with contemporary finishes.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $278.0k | $18.48 |
| − Vacancy | −$19.7k | −$1.31 |
| EGI | $258.3k | $17.17 |
| − OpEx | −$64.6k | −$4.29 |
| NOI | $193.7k | $12.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.6690742
- Latitude
- 45.6760372
