Property Details

6200 NE Highway 99

Vancouver, WA 98665

$4,999,999

Pending

CBA# 708805 courtesy of CBA Listing firm: Kidder Mathews

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I’d like more information about 6200 NE Highway 99, Vancouver, MLS# 708805

Office / Retail

Property Type

16,209

Bldg Sq Ft

1978

Year Built

Property Overview

We are pleased to present the opportunity to acquire the Pacific 63 Center, a generational opportunity to acquire a compelling value-add shopping center strategically located on a high traffic, signalized corner with 2.46 acres of land area in Vancouver, Washington. Anchored by the #4 ranked 7-Eleven in Washington State, per Placer.ai and featuring a separate parcel allowing for optionality in future ownership strategies.Current in-place rents average just $13.83 psf, significantly below prevailing market rates for similar retail space which average $18 psf plus NNN reimbursement. This creates an exceptional opportunity for future ownership to transition the current tenancy to full NNN reimbursement structures, or significantly boost NOI through new tenant lease up.Current rents average