Vancouver Retail Commercial Real Estate
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$5,000,000
$6,500,000
$2,799,921
$590,000
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Retail Commercial Real Estate in Vancouver
A close neighbor to Portland, Oregon, Vancouver, Washington is seen as a major destination for young professionals and families looking to save money on housing while commuting for greater job opportunities across the Columbia River.
While the city is certainly second fiddle to the larger, more populous neighbor to the south, Vancouver has plenty to offer in terms of retail shopping and opportunities for small businesses.
With a population of over 183,000 people, Vancouver has become a primary destination for affordable living, tourism, and trade along Washington’s southern border with Oregon. Thanks to the community’s proximity to Portland and two major interstate highways, the city benefits from an increasing tourism market, corporate interest, and greater corporate and individual income tax relief compared to its southern neighbor. In fact, it’s estimated that nearly 300,000 vehicles cross the Columbia River on both the Interstate Bridge and the Glenn Jackson Bridge every weekday, adding to the importance for companies to attract and serve commuters as well as residents of Vancouver itself.
For those looking for high-volume foot traffic and visibility, companies should look toward the downtown core or along the new Vancouver Waterfront Project, which boasts nearly 32 acres of new restaurants, shops, and residential space.
Companies seeking long-term, high-volume space that serves commuters as well as residents, the Vancouver Mall along the I-205 corridor offers brand-name stores like American Eagle, Bath and Body Works, JCPenny, Macy’s, and more, but local retailers and chains have found a strong foothold along these internationally recognized names.
Market Stats
Vancouver has 524 commercial real estate spaces for lease, representing 3,462,144 sqft space.
186 buildings are available for sale.
In the past 30 days, Vancouver has had 406 spaces leased and 3 new spaces come on market.