West Richland, WA
3205 Kennedy Rd
Offering 7.5 years of remaining base term with a strong coffee tenant. This property boasts a 5.25 CAP rate, generating $65k NOI, and features double drive-thrus, 12 parking stalls, and convenient access from Kennedy. Built in 2017, it has successfully grown alongside the area’s residential and commercial expansion.
2000 Columbia Center Blvd
This property offers 7.5 years of remaining base term with a strong coffee tenant, generating a noteworthy $112k NOI with annual bumps scheduled. With two buildings on the site, including a double drive-thru building and a vacant 4500 SF office/retail building, the NNN portion presents a solid 5.52% CAP rate. Additionally, the proforma indicates the potential for the vacant building to be leased at $12/SF NNN, boasting an attractive 8.90% CAP rate. When blended together, the NNN and value-add components create an enticing 6.75% CAP deal.
W Carmichael Dr.
With 7.5 years remaining on the base term, this coffee tenant offers stability and consistent income. The property boasts a 5.80% CAP rate, generating a strong $52k NOI with annual bumps throughout the remaining term. Featuring a single drive-thru and 15 parking stalls accessible from 4th and Carmichael, this building underwent a renovation in 2017, solidifying its status as a cornerstone of the corridor.
Flat Top Facility
4771 W Van Giesen, West Richland WA
Flex building located in West Richland, conveniently located off Van Giesen and Bombing Range Road. Built in 2015 this CG zoned Flex building is situated on 1.42 Acres that is blacktopped and landscaped for a variety of uses. 3,950 SF Clear span building with tall eve heights and 4 roll up doors will let your business utilize all aspects of this compound. CG zoning will allow for Coffee Roasting, Wedding/Event Venue space, Retail, Wholesale and other uses. Building has 1,450 SF of finished mezzanine space. 2 ADA restrooms, Office and Kitchenette make this functional setup ready for Clients/Customers. This Facility includes the two parcels north, measuring .60 Acres each. The two lots are listed separately for sale for $9.70/SF ($250k each)..