Listed by Kiemle Hagood
$1,795,000
Multi-Tenant Investment Property
Details
APN 130994000013002
Property Type Retail, Office
Sub Type Traditional Office, Retail
Square Footage 9,000
Units 3
Cap Rate 6.22%
NOI $111,725
Tenancy Multi
Lease Type Gross
Price per SqFt $199
Class B
Year Built 1977
Buildings 1
Stories 1
Acreage 0.580
Zoning Commercial General
Ground Lease No
Retail | 6.22% CAP | 9,000 SqFt
Marketing description
Excellent multi tenant retail investment property with very successful, long term restaurant tenant anchor. This property is in the heart of a major Kennewick retail artery, next to the Columbia Center Mall, Costco, Olive Garden, AMC movie theatre, and much more. With one suite currently available for lease, this property could serve as an owner occupied investment with strong upside.
Listing Contacts
Listed by Kiemle Hagood
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$111,725.00
$9,310.42/mo
Valuation Metrics
0
DSCR
6.22%
Cap Rate
6.22%
ROI
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