Sherwin Williams – 9920 NE 11th Ave, Brush Prairie, WA
MAJ is excited to present the opportunity to acquire a single-tenant NNN lease investment located at 9920 NE 117th Ave, Vancouver, WA 98662. This premium property was built specifically for Sherwin-Williams, with the lease commencing on February 22, 2021. The Sherwin-Williams store is part of the MAJ Place BP center, which also features a 7-Eleven with Fuel and a
Starbucks Drive-Thru, creating a high-traffic retail environment. The property benefits from strong traffic exposure, with approximately 70,690 Vehicles Per Day at the intersection of NE 117th Ave and NE 99th Street. Additionally, the lease includes a 10% rent increase in February 2026, providing future income growth for investors. This well-positioned investment offers stability with a high-quality tenant in a thriving retail corridor.
Lease Term: 10-Year Initial Term
10% Increase in Feb 2026
Lease Options: Three, 5-Year Options
Sale Price: $2,128,000; 5.0% Cap Rate
For Additional Information:
Blake D. Federinko
360.823.5111
Blake@MAJCRE.com