Padden Commerce Park
11700-12016 NE 95th Street | 11711-12121 NE 95th Street | 9609-9611 NE 117th Ave, Vancouver, WA, 98682, US
37,760 m²
Asset Description
Multi-Tenant Industrial Opportunity | 25% Below Market Rents | 2.70 Year WALT | Strategic Infill Sacramento Location
...
Attributes
Number of buildings
2
Building area net
17,947 m²
Land area gross
3.93 ha
Occupancy
100%
WAULT
2.7 years
Parking spaces
697
Number of loading docks
27
Zoning
RMX-SP
Investment strategy
Core Plus
Media
Investment Highlights
- Suite Size Optionality
- Multi-tenant Optimized Product with Dock High Loading
- Discount to Replacement Cost
- Minimal Future Capital Expenditure Requirements
- Continuous Mark-to-Market Upside with In-place Cash Flow
- Strategic Infill Richards Submarket Location
- High Barriers to Entry
- Affordable Alternative to the Core San Francisco Bay Area Markets
- Strong Leasing Fundamentals for Small Bay Product
- Consistently Low Vacancy Rates with No Planned/ New Supply in the Construction Pipeline
Contact brokers
800 & 840 N 10th Street (0 Properties)
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Last updated
16 May 2024
