16215 NE 15TH STREET - LoopNet...Automotive Building - 1,914 +/- SqFt Building “B” Building...

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©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 Mack360-823-5131SteveM@CBCWorldwideNW.com

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.