Future Development Opportunity with Passive Cash Flow. Currently leased to Avis-Budget Car Rental through 08-21-25, NNN lease. The site is situated on the corner of NE Fourth Plain & NE 147th Ave (Ward). Adjacent to newly development retail center Evergreen Crossing near Walmart, Jiffy Lube, Starbucks, MOD, Chase, Dutch. 18,000 VPD on NE Fourth Plain/9,000 VPD on NE 147th Ave. COV jurisdiction. Zoned CC. 1.83 AC. NOI $58,800 YR with annual increases.
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General Features
- Acres 1.83
- Area Vancouver: Evergreen
- Bank Owned Y/N No
- Cooling Description Central Air
- Country US
- Fuel Description Electricity
- Gross Income Actual 58800
- Heating Description Forced Air
- Net Income Actual 58800
- Occupancy Types Leased
- Operating Expenses Actual 0
- Sewer Description Public Sewer
- Short Sale Y/N No
- Stories 1
- Supplement Number 0
- Tax Amount 7612.40
- Terms Cash,Conventional
- Third Party Approval Y/N No
- View Y/N No
- Water Description Public
- Year Built 1975
- Zoning CC
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Building Features
- Buildings Total 1
- Existing Lease Type 1 - 5 Years Remaining
- SqFt Approximate Gross 3878
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Room Features
- LeaseAmount 58800
- Legal Description #174 JOHN CALDER DLC 1.52A THAT PTN JOHN CALDER DLC IN SEC 11-2-2
- Limited Representation Y/N Full Service
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Property Features
- Lot Size 1 to 2.99 Acres
- Property Category Commercial Sale
- Property Type Income
- Sale Includes Building,Land,Other