The Verger Team is pleased to present the opportunity to acquire Benton Franklin Physical Therapy, a Single-Tenant NNN investment in Kennewick, Washington. This well-established tenant specializes in comprehensive orthopedic care, including surgical and non-surgical treatments, physical therapy, and sports medicine, serving a vital role in the community’s healthcare needs. The property is strategically located near the major intersection of 10th Avenue and Washington Street, benefiting from excellent visibility and accessibility along key arterials serving the eastern and southern areas of Kennewick.
Well-Established Tenant: Benton Franklin Physical Therapy is part of Benton Franklin Orthopedic Associates (BFOA), a well-established medical provider specializing in surgical and non-surgical treatments, physical therapy, and sports medicine.
Strategic Location: The property is strategically located near the major intersection of 10th Avenue and Washington Street, benefiting from excellent visibility and accessibility along key arterials serving the eastern and southern areas of Kennewick.
Minimal Landlord Responsibility: The tenant operates on a NNN lease structure requiring minimal Landlord responsibility
Proximity to Key Amenities: The property benefits from its location near retail hubs, major healthcare facilities, and residential neighborhoods.
Strong Return: Offered at an attractive 8.5% cap rate, this property provides a significantly higher return compared to alternative investments, with the added benefit of long-term income stability, asset appreciation, and tenant-backed cash flow in a growing market.
Affluent Trade Market: Strong purchasing power, with an average household income of $101,054 within a 5-mile radius of the property.