2630 E FOURTH PLAIN BLVD Vancouver, WA 98661
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Price:
$1,350,000
Ft²:
450
Acres:
0.16
MLS#:
747953293
Lot Size:
7,000 to 9,999 SqFt
Zone:
CC
County:
Clark
Yr Built:
2014
Status:
Active
Heat:
Other
Area:
Vancouver: The Heights [NW]
Courtesy of:
MAJ Commercial Real Estate
Remarks:
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%).
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