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Property profile & analytics
FOR LEASE
Grocery and convenience stores

10501 Highway 99 NE Vancouver, WA 98686

2 ac lot Built 1997
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1112039
Property summary
AI-generated overview

This exceptional 14,956 square foot retail strip center, located at 10501 NE Hwy 99 in Vancouver, Washington (zip code 98686), presents a unique investment opportunity. The entire property, built in 1980, is currently vacant, offering 14,956 square feet of adaptable space across multiple units. The flexible layout allows for a variety of retail configurations, with individual spaces ranging from 1,216 to 3,240 square feet. Situated on a 2-acre lot, the center boasts ample parking with 109 spaces, ensuring convenient access for customers. Its prime location just off Highway 99 in the Hazel Dell neighborhood provides excellent visibility and accessibility for businesses. The property is zoned CH, offering flexibility for various retail uses. This freestanding center provides a strong foundation for a thriving retail development, benefiting from high traffic counts and a well-established local community. The property's size and layout offer significant potential for redevelopment or lease to multiple tenants. With its convenient location and ample parking, this property is poised for success. The property's coordinates are 45.697418 latitude and -122.6535088 longitude.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1997
Lot 2 ac (87,120 SF)
Zoning code GC : CLK
APN 118007-011
UPID US90-1112039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Holly Park Center Business Service Center Corporate Office
  • Papa Murphy's Take 'N' Bake Pizza Restaurant
  • Bookkeeping Biz Accounting Firm Tax Preparation
  • Good Neighbor Vet (Bike/Boat/Book/etc) Store Pet Store & Service
  • Soft Touch Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Holly Park Properties LLC · 3 yrs held
Holly Park Properties LLC
since 2022
3 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
Zoning & alternative use
GC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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