16215 ne 15th street - loopnet...automotive building - 1,914 +/- sqft building “b” building...
TRANSCRIPT
©2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.
CBCWORLDWIDENW.COM
| FOR SALE | 162nd Avenue Auto Service Center
Steve MackColdwell Banker Commercial
Jenkins & Associates300 West 15th Street, Vancouver, WA 98660
360-823-5131360-699-4494
Investor or Owner/User Opportunity
Ret
ail
Steve [email protected]
16215 NE 15TH STREETVancouver, WA 98684
1
The Opportunity
Offered At: $725,000
Features: One mile North of Mill Plain Boulevard Prominent corner lot with highly visible pylon signConstructed in February 2002Buildings are concrete and masonry with metal roofs
Zoned: Light Industrial (IL) Clark County
Building A:
Building B:
3,654 +/- SqFt
Auto Lube/Detail Shop - 1,740 +/- SqFt
Total Buildings:
Automotive Building - 1,914 +/- SqFt
Building “B”
Building “A”
Cascade Park Automotive -Bldg “B” > Tenant Since 2010 > Established Auto Repair Shop Location > 3 Roll-up Doors > Small Business Office
Auto Lube/Detail Shop - Bldg “A”
> Multi-Use Building > 3 Bays with Ramps > Lube Pit > Complete with Lube Shop Equipment Valued at $100,000+
Total Land: 35,717 SqFt (0.82 +/- Acres)
Parking: 22 +/- Spaces
Leases: Cascade Park Automotive and the Lube/Detail Shop are both on Month-to-Month Leases
Value: $198 Per Building SqFt
©2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.
CBCWORLDWIDENW.COM
| FOR SALE | 162nd Avenue Auto Service Center
Steve MackColdwell Banker Commercial
Jenkins & Associates300 West 15th Street, Vancouver, WA 98660
360-823-5131360-699-4494
Investor or Owner/User Opportunity
DEMOGRAPHICS
2
POPULATION
• 1 Mile - 16,703• 3 Mile - 99,262• 5 Mile - 191,984
AVERAGE INCOME
• 1 Mile - $83,868 3 Mile - $77,277
• 5 Mile - $78,461
The 162nd Avenue Auto Service Center buildings are located approximately one mile North of the extremely busy intersection of SE Mill Plain Boulevard and SE 164th Avenue. The traffic count at that intersection exceeds 58,000 vehicles in all four directions daily. The traffic count in front of this subject property is a steady 23,000 vehicles daily.
Both tenants are intentionally month-to-month enabling a new owner to either occupy one or both of the buildings or negotiate new leases. Cascade Park Automotive pays $1,800 monthly plus Triple Net Charges and the Detail Shop pays $500 monthly plus Triple Net charges. Both are well below market rates. There is also a coffee kiosk on the property paying a nominal amount of rent.
Building “A” was built specifically for an auto lube shop and has all the equipment necessary for a “Turn-Key” lube business. Building “B” was custom built as an auto repair shop. Both are in excellent condition.