Properties Available

SOLD! Popeyes | Absolute NNN Investment

2,264 Sqft - 8210 NE Vancouver Mall Loop, Vancouver, WA

Property Description

Sold 7/02/2021 for $1,620,000.00

Blake Federinko and Michael Jenkins represented the seller. 

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Vancouver, WA. The property is leased to Popeye’s on a 20-Year Absolute NNN Lease with approx. 12-Years+/- remaining on the initial term. The property is located just North of SR-500 which obtains 73,000+/- Vehicles Per Day. Popeye’s is just adjacent to the Vancouver Mall, Vancouver, Washington’s premier shopping destination. Some of the surrounding businesses include 7-Eleven, Dutch Bros, Macy’s, T.J. Maxx, Red Robin, Olive Garden and much more.

Basic Details
Property Type : Retail
Listing Type : Sold/Leased
Price : $1,600,000
Bldg Size : 2,264 Sqft
Lot Area : 0.61 Acre
Year Built : 2014
Listing ID : 1473
Features
Lease Type : NNN
Cap Rate : 4.50%
NOI : $72,000
Additional Photos
Additional Photos :

Retail Sold/Leased
  • Listing ID : 1473
  • Bldg Size : 2,264 Sqft
$1,600,000
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