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Office Medical

St Johns Medical Office

4421 NE St Johns Rd, Vancouver, WA 98661

Listing Price: $2,150,000

Cap Rate
3.45%
Gross SF
9,696
Rentable SF
9,696
Price/Gross SF
$221.74
Occupancy
48.0%
Year Built
1987
Lot Size
0.93 acres

Investment Overview

Marcus & Millichap has been exclusively selected to market for sale the St Johns Medical Office located in Vancouver, Washington. The property is well located on the corner of Northeast St Johns Road and Northeast 45th Street and is surrounded by desirable residential neighborhoods. St Johns Medical Office is comprised of four commercial suites and a unique opportunity for an Owner/User or Value-Add investor to take advantage of the current positioning of the property. This is a coveted submarket in the core of downtown Vancouver, Washington. This offering presents a strong opportunity for an Owner/User or Value-Add investor to acquire a desirable Medical Office with high exposure on Northeast St Johns Road comprised of 1980s construction.

Investment Highlights

  • Attractive Suburban Location
  • Income Tax Free State
  • Late 1980s Construction with Flexible Suite Orientations
  • 0.93-Acre Lot that Offers Favorable Parking Ratios
  • Flexible Medical Office with a Universal Building Layout
  • Excellent Northeast St Johns Road Frontage
  • Unique Owner/User Opportunity or Value-Add Investment

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Office Medical

St Johns Medical Office

Listing Price: $2,150,000

Cap Rate
3.45%
Gross SF
9,696
Rentable SF
9,696
Price/Gross SF
$221.74
Occupancy
48.0%
Year Built
1987
Lot Size
0.93 acres

Investment Highlights

  • Attractive Suburban Location
  • Income Tax Free State
  • Late 1980s Construction with Flexible Suite Orientations
  • 0.93-Acre Lot that Offers Favorable Parking Ratios
  • Flexible Medical Office with a Universal Building Layout
  • Excellent Northeast St Johns Road Frontage
  • Unique Owner/User Opportunity or Value-Add Investment

Investment Overview

Marcus & Millichap has been exclusively selected to market for sale the St Johns Medical Office located in Vancouver, Washington. The property is well located on the corner of Northeast St Johns Road and Northeast 45th Street and is surrounded by desirable residential neighborhoods. St Johns Medical Office is comprised of four commercial suites and a unique opportunity for an Owner/User or Value-Add investor to take advantage of the current positioning of the property. This is a coveted submarket in the core of downtown Vancouver, Washington. This offering presents a strong opportunity for an Owner/User or Value-Add investor to acquire a desirable Medical Office with high exposure on Northeast St Johns Road comprised of 1980s construction.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

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