8311 NE VANCOUVER MALL DR

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8311 NE VANCOUVER MALL DR

VANCOUVER, WA 98662-6480
Asking Price
$4.40M
Cap Rate
6.75%
Asset Type
Retail
Class
Class B

What's Special

Red Robin in Vancouver, WA | NNN Lease | 40 Year Occupancy History | Strong Store Sales <ul><li>​40+ Year Operating History: Red Robin has occupied this build-to-suit location since 1985</li><li>​Vancouver is the 4th most populous city in Washington State with approximately 205,000 residents</li><li>​Low Rent to Sales Ratio: This location has a very healthy 5.5% rent to sales ratio</li><li>​Top Red Robin Location: Per Placer.ai this location ranks in the 96% percentile nationwide and 85% percentile in WA State compared with all Red Robin locations</li><li>​A+ Real Estate: Located a

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NOI
$80,000
Cap Rate
1.82%
DSCR
0.31
Underwater
Cash-on-Cash
-13.73%
Monthly Payment
$21,768.799
Annual Cash Flow
$-181,225.591

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