North Richland Development Site
Multi-housing development site in Richland, WA 2555 GEORGE WASHINGTON WAY
Marketing description
JLL has been exclusively retained for the sale of North Richland Development Site (the “Property” or “Site”), in Richland, Washington.
The site is comprised of approximately 809,258 square feet of land. Future tenants will benefit from over 336,000 square feet of restaurants and retail establishments within a 10-minute drive of the Property, with excellent proximity to George Washington Way that connects to downtown Richland.
The Site’s prime location provides residents with access to the region’s largest employment hubs in the Tri-Cities. These include Battelle/PNNL, Kadlec Regional Medical Center, and the Pasco, Kennewick, and Richland School Districts. Its proximity to regional thoroughfares including State Route 240, Interstate 182, and Interstate 82 seamlessly connects the Property to the broader Tri-Cities region. Located in the quiet and highgrowth submarket of North Richland, average household income is expected to grow by 12.9% over 5 years within a 1-mile radius of the Property. The Property's close proximity to Battelle/PNNL and Washington State University Tri-Cities further enhances its strategic appeal and market desirability.
Investment highlights
Proximate to major employers in the Tri-Cities
Abundance of retail and recreational amenities
Close proximity to regional thoroughfares
Strong demographic profile
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