Property Listings

Riverstone Marketplace

401 SE 192nd Avenue, Vancouver, WA 98683

Kidder Mathews is pleased to present the opportunity to acquire Riverstone Marketplace, a two-tenant retail center located in highly desirable Vancouver, WA.

Riverstone Marketplace is shadow-anchored by a QFC-anchored shopping center and benefits from a shared primary access point, driving consistent daily-needs traffic and strong cross-shopping activity. The property is ideally located within a growing, affluent submarket of east Vancouver along the 192nd corridor, and surrounded by national and regional retailers.

Domino's has occupied the property since 2017 and recently signed a 10 year firm term lease renewal. Mission Pet Health is in process of completing an estimated $900,000 tenant improvement for this location and is expected to open in October of this year.

  • Mission Pet Health operates in 42 states and has over 900locations across the country. The tenant is completing an estimated $900,000tenant improvement at this location, underscoring long-term commitment, with ananticipated opening in October. Domino's has occupied this location since 2017and recently signed a new 10 year lease extension with 3% annual increases.
  • Strategically positioned across from a QFC-anchored shoppingcenter, benefiting from consistent daily-needs traffic and co-tenancy synergy.
  • Both tenants operate on triple-net (NNN) leases, providingfull reimbursement of operating expenses and minimizing landlordresponsibilities for a passive ownership structure.
  • Situated on SE 192nd Avenue, one of Vancouver’s most activeretail corridors, serving a rapidly expanding trade area with strongresidential growth and retail demand.
  • Located in a high-income submarket of east Vancouver,characterized by above-average household incomes, strong population growth, anda stable consumer base.

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Seller Testimonial:

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I spent over a decade of my career as a commercial broker for the country’s largest investment sales firm, and I ultimately chose to list my shopping center in Vancouver with the Gellner Team because they were experienced, honest and all-around good human beings. I genuinely enjoyed working with every member of their team and wished I could have gotten to know them better…but they sold my property too quickly. In a tough market, they generated two offers within the first couple weeks and closed on the sale within a couple months. I would definitely recommend the Gellner Team to anyone considering a commercial property investment sale.

Brian Mayer