11696 NE 76th Street Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer the NNN Lease Big Box Investment Opportunity Located at 11696 NE 76th Street in Vancouver, Washington.

Strong Historical Occupancy at This Location With an Established Retailer/Grocer Operator, Big Lots is an American Retail Company With Over 1,400 Stores in 47 States and is a Publicly Traded Company (NYSE: BIG)
Over 9 Years Remaining on the Initial Lease Term and Stable Income With Improving Cash-On-Cash Returns Due to the Embedded Rent Increases Which Provides a Strong Hedge Against Any Future Inflation
Irreplaceable Real Estate – Due to its Proximity to the Portland Market, Vancouver is a Very High-Demand Market (State Income Tax Free) With More Than 175,000 Residents
Located Within Vancouver Washington (Part of the Portland MSA) – Big Lots is Situated Within One of the Most Desirable Markets in the Entire Country Amongst Job Growth, Desirability of Living, and Strong Economic Factors
Big Lots is the Primary and Only Shadow Anchor Tenant the Neighboring “Orchards Plaza Shopping Center” Which Consists of a Highly Synergistic Mix of “Tech-Proof” Tenants
High Barriers to Entry Market – the Immediate Retail Corridor Has Very Little Room For New Retail Development, Which Provides For the Long Term Stability and Success of Big Lots
High-Traffic Location – Located at the Signalized Intersection of NE 76th Street and NE 117th Avenue With it’s Own Dedicated Entrance Within This Robust and Dynamic Retail Thoroughfare
Ideal 1031 Exchange Property With Big Lots Providing a “Coupon Clipper” Investment Property Due to the Very Passive, Limited Management Oversight
Situated on the North Bank of the Columbia River, Vancouver is the Largest Suburb of Portland, Oregon With a Population of 183,012 People in 2018
A Short Drive Away is Portland, Oregon, the 26th Most Populous City in the United States With Approximately 2,478,810 People in the Portland Metropolitan Statistical Area
Vancouver Hosts Over 19,500 Students From the Nearby Washington State University, Clark College and Gateway Seminary
Annual Job Growth Has Reached Around 2% and Exceeds the National Average
As of 2017, Intel is the Largest Employer in the Portland Metro Area, With More Than 20,000 Employees Based in Washington County
Developers Have Identified the Strong Migration as a Demand Driver For New Projects, of Which Many Will be Higher Density. In an Effort to Address Population Growth, the Proposed “Grow Up, Not Out” Initiative Will Add an Estimated 900 Acres of Land and 31,000 New Jobs in the Coming Years