504 NE 139th St, Vancouver, WA

504 NE 139th st, Vancouver, WA
  • Type: Retail
  • Size: 6,000 Square Feet
  • Location: Vancouver, WA, Salmon Creek Submarket
  • Year Built: 2015
  • Broker: Kevin Wingate-Pearse
  • Sale Price: $3,280,000

SVN | Bluestone & Hockley Investment Advisor Kevin-Wingate Pearse represented a buyer in search of a northwest property with national credit tenants on 10 year leases at minimum.  The current popularity of single tenant NNN properties made it imperative to act quickly on any attractive deal.  Two weeks after a suitable new construction retail space in the attractive Salmon Creek neighborhood of Vancouver, Washington fell out of contract, Kevin Wingate-Pearse facilitated a letter of intent acceptance. Though one of the national tenants had an out clause in 60 months, this concern was overcome by a careful analysis of the area, employers, traffic patterns and supporting retail, all of which endorsed the investment.