Listed by SVN | Cornerstone
$1,171,429
Kennewick Industrial Building + Yard
Details
APN 136994020004006, 136993010672004
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 6,126
Cap Rate 7.2%
NOI $84,382
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $191
Year Built 1970
Buildings 1
Acreage 0.870
Zoning LI
Investment Type Net Lease
Ground Lease No
6,126 SF light industrial building ideal for warehouse, distribution, or contractor yard users.
Marketing description
Introducing a strategic industrial investment in Kennewick, WA. This 6,126 SF light industrial building, constructed in 1970, sits in a high-demand corridor ideal for warehouse, distribution, or contractor yard users. The flexible layout and open interior support a wide range of business uses, while gated and non-gated yard areas provide outdoor storage functionality. A well-located asset with strong owner-user or future redevelopment potential.
Investment highlights
Convenient access to US-395 and the East Kennewick industrial submarket
Located within a designated Opportunity Zone
Suitable for investors with future owner-user or redevelopment optionality
Gated and non-gated yard areas supporting equipment and vehicle storage
Zoned Light Industrial
Listing Contacts
Listed by SVN | Cornerstone
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,382.09
$7,031.84/mo
Valuation Metrics
0
DSCR
7.2%
Cap Rate
7.2%
ROI
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