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Department Store

Big 5 Sporting Goods

15500 SE Mill Plain Blvd, Vancouver, WA 98684

Listing Price: $2,795,000

Cap Rate
7.47%
Tenant Name
Big 5 Sporting Goods
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
11,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.97

Investment Overview

Big 5 Sporting Goods in Vancouver, WA is a well-positioned, single-tenant retail asset located along the highly trafficked SE Mill Plain Boulevard corridor, benefiting from exposure to over 38,000 vehicles per day. The 11,000-square-foot building sits on a 0.93-acre parcel and was constructed in 2003, offering a proven retail footprint with strong visibility and accessibility. The property is secured by a Triple Net (NNN) lease with a long-term, established tenant, providing stable cash flow with minimal landlord responsibilities, and includes one remaining five-year renewal option. The site is strategically situated within a dominant retail corridor alongside national anchors such as Target, Trader Joe’s, and Starbucks, and is further enhanced by nearby recent developments including a brand-new In-N-Out just one mile away and a new Lexus and Mercedes dealership by Swickard Auto Group down the street. A dense mix of surrounding office, industrial, multifamily, and nearby schools further supports consistent consumer traffic and long-term location viability.

Investment Highlights

  • Located on SE Mill Plain Blvd with 38,000+ VPD, the property offers outstanding visibility, strong consumer traffic, enhanced brand exposure, and long-term tenant viability.
  • The asset is secured by a Triple Net (NNN) lease with minimal landlord responsibilities and stable income, plus a five-year renewal option supporting long-term tenant commitment.
  • Positioned in a premier retail corridor with Target, Trader Joe's, and Starbucks, the property benefits from strong exposure, enhanced by new In-N-Out and luxury auto dealerships nearby.
  • The 11,000-square-foot building, constructed in 2003, offers a functional and established retail layout. Its size and design align well with national tenant requirements, ensuring long-term usability.

Exclusively Listed By

Broker of Record

  • Joel Deis

    Senior Managing Director, Market Leader- Washington

    (206) 826-5700

    License(s) WA: 25469

    Washington

Financing By

Department Store

Big 5 Sporting Goods

Listing Price: $2,795,000

Cap Rate
7.47%
Tenant Name
Big 5 Sporting Goods
Years Remaining On Lease
2.4
Guarantor
Corporate Guarantee
Rentable SF
11,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.97

Investment Highlights

  • Located on SE Mill Plain Blvd with 38,000+ VPD, the property offers outstanding visibility, strong consumer traffic, enhanced brand exposure, and long-term tenant viability.
  • The asset is secured by a Triple Net (NNN) lease with minimal landlord responsibilities and stable income, plus a five-year renewal option supporting long-term tenant commitment.
  • Positioned in a premier retail corridor with Target, Trader Joe's, and Starbucks, the property benefits from strong exposure, enhanced by new In-N-Out and luxury auto dealerships nearby.
  • The 11,000-square-foot building, constructed in 2003, offers a functional and established retail layout. Its size and design align well with national tenant requirements, ensuring long-term usability.

Investment Overview

Big 5 Sporting Goods in Vancouver, WA is a well-positioned, single-tenant retail asset located along the highly trafficked SE Mill Plain Boulevard corridor, benefiting from exposure to over 38,000 vehicles per day. The 11,000-square-foot building sits on a 0.93-acre parcel and was constructed in 2003, offering a proven retail footprint with strong visibility and accessibility. The property is secured by a Triple Net (NNN) lease with a long-term, established tenant, providing stable cash flow with minimal landlord responsibilities, and includes one remaining five-year renewal option. The site is strategically situated within a dominant retail corridor alongside national anchors such as Target, Trader Joe’s, and Starbucks, and is further enhanced by nearby recent developments including a brand-new In-N-Out just one mile away and a new Lexus and Mercedes dealership by Swickard Auto Group down the street. A dense mix of surrounding office, industrial, multifamily, and nearby schools further supports consistent consumer traffic and long-term location viability.

Exclusively Listed By

Broker of Record

  • Joel Deis

    Senior Managing Director, Market Leader- Washington

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

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