Executive Suite Office
82 Washougal River Rd, Washougal, WA 98671
For Sale
Contact for pricing
Fully leased office property with flexible executive suites, shared amenities, and full-service one-year leases.
Property Size6,556 SF
Price / SF$189.14
Days on Market133
Property Features for 82 Washougal River Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Additional Details
Opportunity Zone
Highway Access
Office Units
Amenities
lobby
lunchroom
shared break room
Building Details
Buildings
Stories
Tenancy
Listing Agency:
Transworld Business Advisors of Vancouver
(360) 952-3000
Listed By:
Ed Fischer
(360) 281-1394
Source:
Moodyscre
Added: Jul 1
Changed: Nov 6
Last Checked: Nov 8 at 3:53AM
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 Transworld Business Advisors of Vancouver
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Investment Insights
Based on property information with market context.
This 6,556-square-foot office building contains 16 executive suites, including 15 individual offices ranging from 90 to 150 SF and one 700 SF, three-room suite. Shared improvements include a lobby and break room on each level, two ADA bathrooms on the first floor, two additional bathrooms upstairs, and four HVAC units. The property is well maintained and currently 100% leased under one-year full-service leases, with lease expirations distributed throughout the year.
The site provides eight unassigned off-street parking spaces along with abundant on-street parking. Access to Hwy 14 is convenient, with the property approximately 20 minutes from PDX and Downtown Vancouver and 30 minutes from Downtown Portland. Downtown Washougal is a couple of blocks away, while the pedestrian tunnel to the Columbia River Front Trail is one block from the building.
An Opportunity Zone designation and staggered lease expirations support both continued occupancy and a phased path for owner-use, subject to lease timing.
The site provides eight unassigned off-street parking spaces along with abundant on-street parking. Access to Hwy 14 is convenient, with the property approximately 20 minutes from PDX and Downtown Vancouver and 30 minutes from Downtown Portland. Downtown Washougal is a couple of blocks away, while the pedestrian tunnel to the Columbia River Front Trail is one block from the building.
An Opportunity Zone designation and staggered lease expirations support both continued occupancy and a phased path for owner-use, subject to lease timing.
Key Highlights
- 6,556 SF office building with 16 executive suites
- 100% leased with 1‑year Full Service Leases
- 15 suites from 90‑150 SF plus one 700 SF 3‑room Suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,561
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,731,220
$1.7M
Cap Rate 7%
$1,236,586
$1.2M
Cap Rate 9%
$961,789
$961.8K
Market Conditions
NOI Build-Up for 6,556 SF
Gross rent
$136.1K $20.76/SF
− Vacancy
−$20.7K −$3.16/SF
EGI
$115.4K $17.60/SF
− OpEx
−$28.9K −$4.40/SF
NOI
$86.6K $13.20/SF
Area
Clark County, WA
Vacancy
15.20%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,731,220
Cap Rate 7%
$1,236,586
Cap Rate 9%
$961,789
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,561 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.86M
NOI $111,804 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 98671, WA
24,857
Population
9,090
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
306
Density / Sq Mi
$104,498
Median Household Income
$51,722
Median Earnings
$1,566
Median Rent
$532,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Office buildings in Clark County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with flexible executive suites, shared amenities, and full-service one-year leases.
Where is this office building located?
The property is located at 82 Washougal River Rd Washougal, WA.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: 6,556 SF office building with 16 executive suites; 100% leased with 1‑year Full Service Leases; 15 suites from 90‑150 SF plus one 700 SF 3‑room Suite
