7600 41St StVancouver, WA 98662

Property Details for 7600 41St St

Year built

2000

Construction

WOOD

Lot size

5.43 AC

Property size (Sq ft)

79,088 SF

Zone code

XZ

Property type

Hospitality properties

Property subtype

Hotels

APN

160448-000

APU

160448000

Description

One Park Place, located at 7600 NE 41st Street in Vancouver, WA 98662, presents a unique opportunity for businesses seeking executive office or coworking space. This premier suburban office building boasts 67,700 square feet of total space, with multiple suites available. The building features a striking contemporary brick and glass exterior complemented by attractive landscaping. Three suites are currently available, ranging from 3,645 to 5,017 contiguous square feet, with a total of 12,455 square feet currently vacant. The building offers ample parking, with a ratio of 4.6 spaces per 1,000 square feet. Amenities include a covered parking structure, rooftop satellite feeds, and high-capacity HVAC systems ensuring climate control. Further enhancing the workspace are locker rooms with showers, a high-tech conference room, a convenient on-site deli, and a covered outdoor patio. The interior features upgraded finishes throughout. This Clark County property provides a sophisticated and functional environment for businesses of all sizes. The building's modern design and comprehensive amenities create an exceptional work experience in a desirable Vancouver location.

• CAP approach

  CAP return

  Valuation

  6%

  $24,672,924

  6.5%

  $22,775,006

  7%

  $21,148,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $35,792,304

  Geo Method

  $35,792,304

• Alternative Use

  Use

  Valuation

  Residential

  $24,863,690

  Hospitality

  $22,775,006

  Educational

  $18,948,538

  Medical

  $19,600,208

  Retail

  $29,475,504

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.651

Longitude

-122.597

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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