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Listed by MAJ Commercial Real Estate
$ 1,350,000
Est. payment | /mo
450 SqFt
$ 1,350,000
Est. payment | /mo
450 SqFt
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 450 sqft
Price per Sqft $3,000
MLS Listing ID 747953293
Year Built 2014
Annual Tax Amount $2,656
Tax Year 2025
Lot Size 6,969 Sqft
Property Sub-Type Income
Property Description
Absolute NNN Ground Lease Investment Opportunity in Clark County. Leased to Black Rock Coffee Bar, on a long-term Ground Lease with 10% increases every 5 years and corporate guaranty. 10 Years Remain on the initial 15-year term. The property is centrally located just minutes from Clark College and downtown Vancouver, Washington, positioned between the Harney Heights and Fourth Plain Village neighborhoods. It benefits from direct frontage along Fourth Plain Boulevard, one of the county's most heavily traveled thoroughfares, which extends across the full length of the city from West to East Vancouver. NASDAQ-listed public company Ticker: BRCB, Over 180 locations across seven states$200M+ annual revenue, 24%+ year-over-year revenue growthStrong same-store sales growth (~10%), High store-level margins (~29%).
Location
State WA
County Clark
Area _12
Zoning CC
Interior
Heating Other
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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