Investment Overview

Vancouver Evergreen Plaza is a 33,672 SF Class A office property located in Vancouver, WA. Built in 2008, the property sits on a 2.07-acre lot, providing 167 parking stalls and boasting a parking ratio of 4.96/1,000 SF. Evergreen Plaza is 100% occupied by three tenants, ensuring minimal management responsibilities for ownership. Two tenants benefit from scheduled rent increases, while Regus’ profit-sharing structure offers additional upside potential. Strategically positioned in Vancouver’s Cascade Park submarket, the property is just minutes from downtown Portland and benefits from the area’s consistent population growth. Immediate access to I-205, SR-500, I-5, and SR-14 enhances connectivity, while nearby residential expansion further supports long-term demand. Offered at less than 50% of replacement cost, the property presents an attractive basis well below market standards. This significant discount provides investors the flexibility to enhance the asset through strategic improvements, driving higher rents and long-term value. Alternatively, the low cost basis enables competitive leasing strategies to minimize vacancies and maximize occupancy for years to come.