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Discovery Ridge Phase 3 Now Leasing 448 S Royle Rd 16,000 SF of Retail Space Available in Ridgefield, WA 98642
Highlights
- TI allowance included
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,000 SF | Negotiable | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $50,667 /MO $608,000 /YR | Triple Net (NNN) |
1st Floor
• Positioned in Ridgefield’s primary growth corridor at Royle Rd & Pioneer St • 16,000 RSF new construction retail with flexible demising options • Firehouse Subs pre-leased, driving built-in daily traffic • Adjacent Clark County Fire Rescue facility adds long-term stability and visibility • Direct access to I-5 with 89,000+ vehicles per day at the junction • Surrounded by expanding residential neighborhoods and new rooftops • High household incomes exceeding $139,000 within 3 miles • Limited new retail inventory in an underserved trade area
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 16,000 RSF new construction retail with flexible d
- Direct access to I-5 with 89,000+ vehicles per day
- High household incomes exceeding $139,000 within 3
- Surrounded by expanding residential neighborhoods
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 16,000 SF | Year Built | 2026 |
| Property Type | Retail | Parking Ratio | 5/1,000 SF |
| Gross Leasable Area | 16,000 SF | Construction Status | Under Construction |
| Total Space Available | 16,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 16,000 SF |
| Year Built | 2026 |
| Parking Ratio | 5/1,000 SF |
| Construction Status | Under Construction |
About the Property
Ridgefield is one of the fastest growing communities in Clark County, driven by steady residential development, strong household incomes, and its strategic location along the I-5 corridor. What was once a small town has become a highly desirable place to live, attracting young families and professionals who value its schools, quality of life, and expanding retail amenities. Discovery Ridge sits in the path of that growth, offering 16,000 RSF of new retail space anchored by Firehouse Subs and complemented by the future Clark County Fire Rescue facility on the adjoining parcel, creating built-in daily traffic and community visibility. This is a rare opportunity to establish your brand in a high-growth, under-served trade area that is still early enough to secure prime positioning as Ridgefield continues to expand.
Nearby Major Retailers
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Discovery Ridge Phase 3 Now Leasing | 448 S Royle Rd
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