Retail Space / Washington / Vancouver / 98682 / 2800 Northeast 162nd Avenue

2800 Northeast 162nd Avenue

Q: What is the asking price for 2800 Northeast 162nd Avenue in Vancouver?

The asking price for 2800 Northeast 162nd Avenue is $6,450,000

Q: What is the building size of this Retail property in Vancouver, WA?

The size of the building/unit at 2800 Northeast 162nd Avenue in Vancouver is 17,272 square feet.

Q: How much land does the Vancouver, WA property at 2800 Northeast 162nd Avenue include?

2800 Northeast 162nd Avenue in Vancouver includes 1.570 acres of land.

Q: What kind of Retail is the propery at 2800 Northeast 162nd Avenue?

The property at 2800 Northeast 162nd Avenue Vancouver, WA 98682 is listed as a Free Standing Building Retail property.

Q: What is the population within 1 mile of 2800 Northeast 162nd Avenue?

The population within 1 mile of 2800 Northeast 162nd Avenue Vancouver, WA 98682 is 15,576 people.

Q: Who do I contact for questions about 2800 Northeast 162nd Avenue?

You should contact the listing agent, Kevin Adatto, for any details regarding this commercial listing.

Vancouver, WA 98682

Listing ID: 259562

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Building Size: 17,272 SF

Lot Size: 1.570 AC

Land Size: 68,389 SF

Building $/SF: $373.44

Land $/SF: $94.31

Price

$6,450,000

Property Highlights

Purportedly a very strong store with increasing sales.

NNN lease provides few Landlord responsibilities limited to the roof and structure.

Highly exposed location on hard corner of two preeminent arterials.

Roughly 56 of the surrounding population is over 35 years old, providing a stable demand for pharmacy needs.

Rite Aid is growing in Washington state with the recent acquisition of Bartell Drugs for $95M.

Tax free state of Washington.

Description

Scheduled Rent increases of a $1/SF every five years increases yield approximately 58 basis points within the next 10 years. Located in high-growth trade area of east Vancouver with high-density surrounding residential; Vancouver ranked the 2nd-fastest growing city in Washington between April 2019 and 2020.

Attachments & Files

riteaidvancouverexecsummary-Na5-c42.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Vancouver History of Retail Space for Sale

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Listing Demographics for 2800 Northeast 162nd Avenue Vancouver, WA 98682

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		15,576	97,903	205,317
Population Median Age		37	37	38
Population by Age	0-9 Yrs	1952 (12%)	12608 (12%)	26944 (13%)
	10-19 Yrs	2573 (16%)	13706 (13%)	27798 (13%)
	20-29 Yrs	1814 (11%)	14174 (14%)	27824 (13%)
	30-39 Yrs	2024 (12%)	13708 (14%)	27752 (13%)
	40-49 Yrs	2147 (13%)	13182 (13%)	28330 (13%)
	50-59 Yrs	2104 (13%)	11378 (11%)	24493 (11%)
	60-69 Yrs	1679 (10%)	10145 (10%)	22229 (10%)
	70+ Yrs	1283 (8%)	9002 (9%)	19947 (9%)

Median HH Income		$83,186	$70,737	$72,283
Total Household Income	< 24K	301 (5%)	3997 (11%)	9431 (12%)
	25-49K	942 (18%)	7839 (21%)	15178 (19%)
	50-74K	1036 (19%)	7436 (20%)	15053 (19%)
	75-99K	972 (18%)	5939 (16%)	11401 (14%)
	100-199K	1526 (29%)	8896 (24%)	19924 (26%)
	200K+	419 (8%)	1873 (5%)	5075 (6%)

Highest Education Level	No Diploma	691	5413	10803
	Diploma or GED	2333	15960	34165
	Some College	3030	18618	37096
	Assoc. Degree	1174	6993	14594
	Bachelors Degree	1934	12296	27371
	Higher Degree	938	5626	13849

Total Housing Units		5,281	37,321	79,096
--Owner-Occupied		4,221	21,535	48,150
--Renter-Occupied		975	14,444	27,913
Owner-Occupied Values	< 100K	133	1275	1965
	100-199K	283	2509	5031
	200-299K	1495	8301	16309
	300-399K	1336	5740	13175
	400-499K	662	2035	5886
	500K+	311	1675	5785

Total Working Age Population		12,117	76,966	161,431
In Work Force		8,228	51,542	106,172
Not In Work Force		3,889	25,424	55,259
Workforce Employed		7,693	48,635	100,313
Workforce Unemployed		522	2,761	5,593
Civlian Workforce		8,215	51,396	105,906
Military Workforce		13	146	266

Total Households		5,196	35,979	76,063
Family Households		4,030	24,207	51,843
Non-Family Households		1,166	11,773	24,220
Married Couple		3,207	18,293	39,838
Other Family		824	5,914	12,005
Married w/Child		1,349	7,770	17,170
Single Male w/Child		121	808	1,838
Single Female w/Child		270	2,488	4,741

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Oregon	3,421,399	+12	3,831,074	+11	4,264,810	+11	4,727,438
Multnomah County	660,486	+11	735,334	+12	822,675	+10	906,904
Washington	5,894,121	+14	6,724,540	+14	7,638,415	+11	8,503,178
Clark County	345,238	+23	425,363	+17	499,400	+16	576,879

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 2800 Northeast 162nd Avenue in Vancouver?

The asking price for 2800 Northeast 162nd Avenue is $6,450,000

What is the building size of this Retail property in Vancouver, WA?

The size of the building/unit at 2800 Northeast 162nd Avenue in Vancouver is 17,272 square feet

How much land does the Vancouver, WA property at 2800 Northeast 162nd Avenue include?

2800 Northeast 162nd Avenue in Vancouver includes 1.570 acres of land

What kind of Retail is the propery at 2800 Northeast 162nd Avenue?

The property at 2800 Northeast 162nd Avenue Vancouver, WA 98682 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 2800 Northeast 162nd Avenue in Vancouver?

The population within 1 mile of 2800 Northeast 162nd Avenue Vancouver, WA 98682 is 15,576 people.

Who do I contact for questions about 2800 Northeast 162nd Avenue?

You should contact the listing agent, Kevin Adatto, for any details regarding this commercial listing.

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2005 Southeast 192nd Avenue, Vancouver, WA	$12,000,000	34923	-

Closest Commercial Airports

Airport	Distance (mi)
Portland International Airport (PDX)	6
Seattle Tacoma International Airport (SEA)	125
Boeing Field King County International Airport (BFI)	131