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700 Washington St 1C Vancouver, WA 98660-3177

OFF-MARKET Retail space Google Maps
114,354 SF 2.22 ac lot Built 2003
Entity Owned 10-yr Hold ~ Est. High Equity
Estimated value (blended)
$18.66M
Range $16.79M – $20.52M (±10%)
Property ID US90-0246683

Property summary

AI-generated overview

Vancouver Center offers exceptional Class A executive office suites in a vibrant mixed-use development located at 700 Washington St, Vancouver, WA 98660. This prime location in Clark County boasts four buildings totaling 108,248 square feet, with 17,920 square feet currently vacant. Suites range from a minimum of 1,320 square feet to a maximum contiguous space of 5,565 square feet, providing flexibility for businesses of various sizes. Built in 2004, the property features convenient access to a three-level underground parking facility, offering ample off-street parking for tenants and visitors. The development's design incorporates open-air plazas and easy access to a nearby park, fostering a pedestrian-friendly environment. Beyond the office space, Vancouver Center includes approximately 106,827 square feet of Class A office space and 30,000 square feet of ground-floor retail, creating a dynamic and convenient work environment. The building's mixed-use nature also includes residential components, with up to 194 apartments in two high-rise buildings and 72 condominiums in the office buildings. This presents a unique opportunity to secure office space in a thriving and well-amenitized community. Multiple tenancy options are available.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction STEEL FRAME
Total area 114,354 SF
Lot 2.22 ac (96,877 SF)
Zoning code CX : VAN
APN 048170-010
UPID US90-0246683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Loan Service Bank
  • Logistics Company Freight Service
  • Medical Clinic
  • Bank

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$20.77M
Comparable Approach Comparable
$12.26M
Blend (final) Blend
$18.66M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2004
$240,000
2004
$456,000
2004
$375,000
2004
Price N/A
2003
Price N/A
1969
Price N/A

Zoning & alternative use

CX : VAN · Vancouver, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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