700 Washington StVancouver, WA 98660

Property Details for 700 Washington St

Year built

2003

Construction

STEEL FRAME

Lot size

2.22 AC

Property size (Sq ft)

114,354 SF

Zone code

CX : VAN

Property type

Retail properties

Property subtype

Retail space

APN

048170-010

APU

48170010

Description

Vancouver Center offers exceptional Class A executive office suites in a vibrant mixed-use development located at 700 Washington St, Vancouver, WA 98660. This prime location in Clark County boasts four buildings totaling 108,248 square feet, with 17,920 square feet currently vacant. Suites range from a minimum of 1,320 square feet to a maximum contiguous space of 5,565 square feet, providing flexibility for businesses of various sizes. Built in 2004, the property features convenient access to a three-level underground parking facility, offering ample off-street parking for tenants and visitors. The development's design incorporates open-air plazas and easy access to a nearby park, fostering a pedestrian-friendly environment. Beyond the office space, Vancouver Center includes approximately 106,827 square feet of Class A office space and 30,000 square feet of ground-floor retail, creating a dynamic and convenient work environment. The building's mixed-use nature also includes residential components, with up to 194 apartments in two high-rise buildings and 72 condominiums in the office buildings. This presents a unique opportunity to secure office space in a thriving and well-amenitized community. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $46,170,452

  6.5%

  $42,618,876

  7%

  $39,574,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,496,180

  Geo Method

  $55,496,180

• Alternative Use

  Use

  Valuation

  Residential

  $35,950,616

  Hospitality

  $32,930,572

  Educational

  $27,397,850

  Medical

  $28,340,104

  Retail

  $42,618,876

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6265

Longitude

-122.673

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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