15500 SE Mill Plain Blvd

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15500 SE Mill Plain Blvd

Vancouver, WA 98684
Asking Price
$2.79M
Cap Rate
7.47%
Asset Type
Retail
Class
Class B

What's Special

Retail | 7.47% CAP | 11,000 SqFt <ul><li>​Located along SE Mill Plain Boulevard with traffic counts exceeding 38,000 vehicles per day, the property benefits from exceptional visibility and consistent consumer flow. Its prominent positioning enhances brand presence and supports long-term tenant success.</li><li>​The asset is secured by a Triple Net (NNN) lease, providing reliable income with minimal landlord responsibilities. A remaining five-year renewal option offers continued income stability and tenant commitment.</li><li>​P

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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.25%
Monthly Payment
$13,828.135
Annual Cash Flow
$-85,937.62

Location & Travel Times