CSL Plasma | Aaron’s

11803 SE Mill Plain Blvd. - Vancouver WA 98683

LTV (Loan to Value)	65.00%	Current NOI	$243,256.00
Interest Rate	4.250%	Capital Rate	6.550%
Fixed Term	10 Years	Land Area	+/- 1.19 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$2,415,400.00	Property Type	Multi-Tenant
Payment	$13,085.14	Property Lease	Medical | Retail
Bulding Size	0 SF	Remaining Terms	+/- 11.5 Years (average)

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a freestanding CSL Plasma and Aaron’s located in Vancouver, Washington. Vancouver is the county seat of Clark County and forms part of the Portland-Vancouver metropolitan area, the 24th-largest metropolitan area in the United States. The Property is located on SE Mill Plain Boulevard which has over 65,000 VPD. The Property is an attractive asset with two national tenants and potential to lease an additional 1,500 square feet. Both tenants have long term leases in place with increases offering a landlord minimal responsibilities. Other nearby tenants include O’Reilly Auto Parts, 7-Eleven, Taco Bell, Dairy Queen, Starbucks, Dollar Tree, Les Schwab Tires, Applebees, US Bank, Bank of America, Walmart Supercenter, Fred Meyer, Walgreens, Burger King, Trader Joes, and Petco.

Highlights

National Tenants – CSL Plasma and Aaron’s are nationally recognized tenants with growing businesses. Exceptional Cash On Cash – Both…

Property Description

Vancouver is a city on the north bank of the Columbia River in the state of Washington. Incorporated in 1857, it is the fourth-largest city in the state, with a population of 161,791 as of the 2010 census. Vancouver is the county seat of Clark County and forms part of the Portland-Vancouver metropolitan area, the 24th-largest metropolitan area in the United States. Vancouver's economy has largely changed due to new high tech and service industry jobs. Vancouver contains the corporate headquarters for Nautilus, Inc. and The Holland (parent company of the Burgerville, USA restaurant chain). Vancouver has recently begun seeing a revitalization of their downtown area and their local art scene and cultural events. Many of Vancouver's art galleries are located in downtown and in 2014, the City Council formally designated an “Arts District” in the downtown core.Other planned projects in the downtown area include: Library Square – mixed use project which includes a condo building, hotel/condominiums building, office building and a new main library, The Luxe – six-story office and condominium building, Waterfront Redevelopment – will include, retailers, offices, parks and more and the Prestige Plaza – six-story office and condominium building The subject property is located at the intersection of SE 118th Ave. and SE Mill Plain Blvd. with traffic counts of 65,850 VPD. Other surrounding retail tenants include: Dairy Queen, Trader Joes, Starbucks, Fred Meyer, Taco Bell and numerous others.