You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Commercial real estate

536 S Royle Rd Ridgefield, WA 98642

17,076 SF Built 2021
Entity Owned 2-yr Hold
Property ID
US90-3201404
Property summary
AI-generated overview

This exceptional 17,076 square foot, single-story retail center, built in 2021, presents a unique investment opportunity in the thriving city of Ridgefield, Clark County, Washington. The property, zoned CRB (Regional Commercial Business), features eight available suites ranging from 1,518 to 16,776 square feet, catering to a variety of retail and office tenants. Its modern construction ensures energy efficiency and contemporary aesthetics, appealing to a broad range of businesses. The center's strategic location within a mixed-use overlay promises high visibility and accessibility, attracting significant foot traffic and customer engagement. Potential tenants can benefit from a generous tenant improvement allowance of $45 per square foot, facilitating seamless customization and branding. Annual rates start at $34.00 per square foot, with estimated NNN expenses of $7.00 per square foot. The estimated delivery of the shell space is May 2025, providing ample time for tenant build-out and preparation. This property offers a compelling blend of modern design, flexible space options, and a prime location, making it an ideal investment for discerning buyers seeking a strong return on investment in a rapidly growing market. The property's multiple tenancy structure allows for diverse business occupancy, creating a vibrant and dynamic retail environment. Its single-building design simplifies management and maintenance, enhancing operational efficiency. The CRB zoning ensures flexibility for a wide range of commercial uses, maximizing the property's potential.

Property profile
Verified
Property type Commercial real estate
Year built 2021
Total area 17,076 SF
UPID US90-3201404
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
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
Legacy Town Center LLC · 2 yrs held
Legacy Town Center LLC
since 2023
4 recorded transactions
2025
Price N/A
2023
$275,000
2019
Price N/A
2018
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message