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33439621
33439620

75 Columbia Point Drive, Richland, WA 99352

SM
OR 990100161
Northmarq
Listed by Northmarq
$3,000,000
1 day on market
Updated 1 day ago

Big 5 Sporting Goods

Details
Property Type Retail, Business for Sale
Sub Type Shopping Center, Business Only
Square Footage 11,040
Units 41
Cap Rate 6.92%
NOI $207,540
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $272
Year Built 2003
Acreage 0.960
Zoning Commercial
Parking Spaces spaces
Lease Commencement 01/31/2028
Ground Lease No

High Traffic Location NNN Lease Big 5 Sporting Goods

Marketing description

The Offering is a NNN-leased Big 5 Sporting Goods (NASDAQ: BGFV), positioned within a high-traffic shopping center anchored by WinCo Foods and Dollar Tree, with Starbucks, Jack in the Box, and Applebee’s outparcels. Big 5 has operated at this site since its original construction in 2003, highlighting its long-term commitment to the location.

The Property benefits from excellent visibility and access via George Washington Way and the SR 240/I-82 full interchange, with combined daily traffic counts exceeding 42,000 vehicles. It is ideally situated adjacent to key recreational amenities including the Columbia Point Golf Course, Richland Yacht Club, and the Columbia River boat ramp, reinforcing its position as a premier sporting goods destination.

Located in the heart of Washington’s rapidly growing Tri-Cities region, the surrounding 5-mile radius population has grown over 37% since 2010. The area boasts strong household demographics, with over 51,000 households earning an average income of $111,000. Retail fundamentals remain robust, with submarket vacancy for comparable properties at just 0.7%, supporting long-term tenant stability and potential rent growth.

Investment highlights

• NNN lease to Big 5 Corp. (NASDAQ: BGFV)

• High-traffic shopping center with WinCo Foods and Dollar Tree in-line and Starbucks, Jack in the Box, and Applebee’s outparcels.

• Big 5 Sporting Goods has operated at this location since construction in 2003.

• Excellent visibility and access from George Washington Way and the SR 240/I82 full interchange with daily traffic counts of 42,000 vehicles.

• Premier sporting goods location adjacent to the Columbia Point Golf Course, Richland Yacht Club, and Columbia River boat ramp.

• Strong Tri-Cities location. The population within a 5-mile radius of the Property has increased over 37% since 2010.

• Surrounding demographics include over 51,000 households within 5 miles earning an average income of $111,000.

• Submarket vacancy of just .7% for similar properties.

Listing Contacts

SM
OR 990100161
Northmarq
Listed by Northmarq

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$207,540.00
$17,295.00/mo

Valuation Metrics

0
DSCR
6.92%
Cap Rate
6.92%
ROI

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