1100 & 1200 Jadwin Avenue

    Richland, WA 99352
    • $1,050,000
    • STATUS: Closed
    • ON SITE: 432 days
    • MLS #: 224986
    Sold - 04/13/2018
    $1,050,000
    SOLD - 04/13/2018
    • 0
      BEDS
    • 9.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 160,526
      SQFT
    • $0
      $/SQFT
    Type:
    Commercial
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    Description

    NAI Tri-Cities is excited to bring the Tri-Cities Professional Center (TCPC) to market for sale @ $1,995,000. This is a unique opportunity to purchase an Office Complex that has two buildings that total 160k SF (49,753 and 110,773 SF) that sits on a 9.74 acre parcel which gives it a campus feel. 1100 Jadwin, the smaller of the two office buildings, is a five-story with five tenants currently on leases (65% occupied). The building has a variety of floor plate and suites sizes and had a lobby upgrade in 2013. 10k SF floor plates. Tenants include Freestone, ARES, PorterKinney CPA, BNF Tech and Tradewind. 1200 Jadwin is a vacant seven-story that has ~16k SF floor plates that total 110,773 SF. This Big Brother building, is the large upside/value add portion of this property. It's setup for an Owner/User that can occupy a # of floors and can lease out the remaining floors/suites and bring back a new glory of this asset with new energy and people. In 2016, this building experienced water damage due to a bathroom pipe. The damage was remediated and the floor plans were taken down to the studs which opens up the vision and flexibility for the next Owner or User. Asset sits on land lease owned by City of Richland. TCPC will be calling for all offers by November 15th. Offering Memorandum available shortly, email LA for that. Serious parties need to submit NDA before getting access to property documents and Data Vault access. Jadwin Open House planned for early November. #JadwinJuggernaut #TCgrowth

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    © 2018 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lalka Group. Data last updated: 2018-12-16T23:39:44.433.
    www.thelalkagroup.com/homes/77458792

    1100 & 1200 Jadwin Avenue Richland, WA 99352

    • Price: $1,995,000
    • Status: Closed
    • Updated: 64 min ago
    • MLS #: 224986
    0
    Beds
    0
    Baths
    0
    ½ Baths
    9.74
    Acres
    160,526
    SQFT
    $0
    $/SQFT
    1980
    Built
    County:
    Benton
    Area:
    Richland
    Property Description
    NAI Tri-Cities is excited to bring the Tri-Cities Professional Center (TCPC) to market for sale @ $1,995,000. This is a unique opportunity to purchase an Office Complex that has two buildings that total 160k SF (49,753 and 110,773 SF) that sits on a 9.74 acre parcel which gives it a campus feel. 1100 Jadwin, the smaller of the two office buildings, is a five-story with five tenants currently on leases (65% occupied). The building has a variety of floor plate and suites sizes and had a lobby upgrade in 2013. 10k SF floor plates. Tenants include Freestone, ARES, PorterKinney CPA, BNF Tech and Tradewind. 1200 Jadwin is a vacant seven-story that has ~16k SF floor plates that total 110,773 SF. This Big Brother building, is the large upside/value add portion of this property. It's setup for an Owner/User that can occupy a # of floors and can lease out the remaining floors/suites and bring back a new glory of this asset with new energy and people. In 2016, this building experienced water damage due to a bathroom pipe. The damage was remediated and the floor plans were taken down to the studs which opens up the vision and flexibility for the next Owner or User. Asset sits on land lease owned by City of Richland. TCPC will be calling for all offers by November 15th. Offering Memorandum available shortly, email LA for that. Serious parties need to submit NDA before getting access to property documents and Data Vault access. Jadwin Open House planned for early November. #JadwinJuggernaut #TCgrowth
    Exterior Features

    Built On Grade Yes Dock High No Exterior Features Lighting/SecurityParking/CoveredParking/50+ Spaces Parking 75+ Spaces Rail Access No Street Road Information SidewalksStreet Lights Style Of Building Multi-StoryOffice Truck Doors No

    Interior Features

    Air Conditioning Central Air Ceiling Height 9 Clear Span No Cold Storage No Elevators Yes Interior Features Elevator(S) Sprinkler System Yes Sq Ft Finished 160526 Sq Ft Office 160526

    Property Features

    Annual Taxes 0 Auction No Bank Owned No Commercial Type Office Ever Occupied Yes For Sale Or Rent For Sale Property Description Loc in City Limits Tax Year 2015 Zoning Type Commcl Office

    Listing provided courtesy of Nai Tri-Cities Commercial. © 2018 Multiple Listing Service of Pacific Regional Multiple Listing Service.
    © 2018 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lalka Group. Data last updated: 2018-12-16T23:39:44.433.
     
    The Lalka Group
    8350 W Grandridge Blvd Ste 200
    Kennewick WA, 99336