5000 4th Pln Blvd, Unit 112, Vancouver, WA 98661-6584
- Outlet malls
- 68,318 SF
- 11.61 lot acres
Current Use by Public Records
- Thai Wok Kitchen / Restaurant
- Vancouver Market Center / Shopping Center & Mall
- Hawaiian Style Grill / Restaurant
- Burger King / Restaurant
- Backyard Haircut / Barber Shop
Property Details for 5000 4th Pln Blvd
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 11.61 lot acres
- Zone code
- CG : VAN
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 030242-045
- APU
- 30242045
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 15, 2019 | $17,000,000 | Fourth Plain 5000 LLC | Roic Washington LLC | Warranty Deed | $11.1M · Miscellaneous Ins Co |
| Apr 10, 2013 | — | Abs Wa-gl LLC | Albertsons LLC | Grant Deed | — |
| Jun 17, 2010 | $11,190,000 | Roic Washington LLC | J-t Properties LP | Warranty Deed | — |
| Oct 19, 2006 | — | Pacific Bells INC | — | Deed Of Trust · related | $7M · Citicorp Leasing INC |
| Sep 3, 2004 | — | J-t Properties | J-t Properties Ltd | Quit Claim Deed · related | $10M · State Farm Life Insurance Co |
| Dec 16, 1999 | $11,913,000 | J-t Properties Ltd | Vancouver Market Center Assoc | Grant Deed | — |
| Sep 25, 1992 | $525,000 | Oliva Steven | Unknown | Grant Deed | — |
| — | — | Abs Wa-gl LLC | — | Loan Modification · related | $1,050M · Bank Of America |
| — | — | Abs Wa-gl LLC | — | Loan Modification · related | $1,316.1M · Citibank NA |
| — | — | Pacific Bells LLC | — | Loan Modification · related | $145M · Wells Fargo Bk |
| — | — | Vancouver Market Center Assoc | — | Deed Of Trust · related | $8.2M · Teachers Insurance & Annuity |
| — | — | Pacific Bells INC | — | Loan Modification · related | $31.1M · Wells Fargo Bank |
| — | — | Abs Wa-gl LLC | — | Deed Of Trust · related | $850M · Bank Of America |
| — | — | Abs Wa-gl LLC | — | Deed Of Trust · related | $1,150M · Citibank NA |
| — | — | Pacific Bells INC | — | Deed Of Trust · related | $7.1M · Citicorp Leasing INC |
| — | — | Pacific Bells INC | — | Deed Of Trust · related | $20k · Wells Fargo Bk Nw NA |
Description
The Vancouver Market Center, a single-story, 116,000 square foot retail strip center, presents a compelling investment opportunity. Built in 1996 and situated on 9.78 acres in Clark County, this property boasts 582 parking spaces, ensuring ample customer convenience. Currently, the center houses a diverse mix of established tenants including Taco Bell, AutoZone, Sky Zone, ReTails Thrift Store, CJ’s Dog Training, Gravity Coffee, and Burger King, demonstrating strong existing occupancy and a vibrant tenant base. Three retail spaces are currently available, ranging in size from 2,536 to 4,100 square feet, offering flexibility for a variety of businesses. The center benefits from a highly visible location between downtown Vancouver and the Vancouver Mall, providing excellent exposure to a large customer base. Convenient freeway access further enhances its accessibility and appeal. This established center offers a unique opportunity to capitalize on a thriving retail environment in a prime location. The property's size, ample parking, and diverse tenant mix make it an attractive investment for both established businesses and new ventures seeking a strong foothold in the Vancouver market. The available spaces provide a chance to expand the center's already successful tenant roster.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,445,000
- 6.5%
- $12,410,000
- 7%
- $11,525,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,962,000
Market price range: $2.93M - $10.9M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.618
- Latitude
- 45.6411
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
