Vancouver Investment Opportunity Near
9300 - 9330 Van Mall Drive Vancouver, WA 98662
9300 - 9330 Van Mall Drive, Vancouver, WA, 98662
Contact for pricing
For Sale
Contact for pricing
Fully leased commercial property near I-205 and Vancouver Mall.
Property Size65,000 SF
Price / SF$163.85
Days on Market747
Property Features for 9300 - 9330 Van Mall Drive
General Information
- Standard status
- Active
- Size
- 65,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing Agency
1st Premier Properties, LLC
(503) 508-4962
Listed by
Elaine Gesik · License #OR 200112078
Source
Crexi
Added: Jul 2, 2024 Checked: Jul 15 at 7:15 pm
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 1st Premier Properties, LLC
Investment Insights
Based on property information with market context.
This fully leased commercial property presents an investment opportunity in a desirable location just off I-205 and 500, and across the street from Vancouver Mall. The property is located minutes from Portland International Airport. The property is comprised of 65000 square feet and is currently 100% leased. The tenant mix includes medical, senior housing administration, construction/engineering, and finance uses. This property is located in the Vancouver/Clark County market.
Key Highlights
- 100% Leased Investment: Provides immediate and consistent income stream.
- Strong Credit Tenants: Ensures reliable rental payments and reduces investment risk.
- Desirable Location: Situated off I‑205 and 500, offering excellent accessibility.
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 | $1.20M | $18.48 |
| − Vacancy | −$85.0k | −$1.31 |
| EGI | $1.12M | $17.17 |
| − OpEx | −$279.0k | −$4.29 |
| NOI | $837.1k | $12.88 |
65,000 SF · lease $18.48/SF/yr · vacancy 7.08% · expense 25.00%
Alternative Uses
Best Use
Office B
$11.96M
$10.46M – $13.95M
NOI $837,116 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.90M
$13.92M – $18.55M
NOI $1,113,256 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Fully leased commercial property near I-205 and Vancouver Mall.
Where is this office building located?
The property is located at 9300 - 9330 Van Mall Drive Vancouver, WA.
What is the asking price?
The asking price for this property is $10,650,000.
What are key features of this property?
This property features: 100% Leased Investment: Provides immediate and consistent income stream.; Strong Credit Tenants: Ensures reliable rental payments and reduces investment risk.; Desirable Location: Situated off I‑205 and 500, offering excellent accessibility.
