Cushman & Wakefield’s National Industrial Advisory Group, as an exclusive advisor, is pleased to offer for sale 6317 NE 131st Avenue (“the Property”), a single-tenant 100% leased industrial building totaling 74,500 square feet located in Vancouver, WA, in the Portland Industrial Market.
Completed in 2008 and situated on over 5.0 acres, the Property is 100% leased to Columbia Nutritional, who has been a tenant in the building for over 16 years. With a WALT of 3.7 years, this provides an investor with a premium near term 55% mark-to-market opportunity. The property features modern industrial specifications, including 24’ , 140’ truck court, ample loading, and a new roof with a 20- year warranty.
Strategically located in Portland Market that includes Vancouver, WA – the Property offers unparalleled access to an abundant labor pool and robust freeway network with connectivity to the Pacific Northwest.
This opportunity is being offered unpriced on an “as-is” basis for the fee interest in the building and land thereunder.
This investment offering is a terrific opportunity to acquire a fully leased industrial asset with an extreme market to market opportunity in the near term.
In addition to 6317 NE 131st Avenue, C&W is also marketing regional subsections of the Western US Industrial Portfolio. Please reach out to Jeff Chiate for more information on the Portfolio