4898 W Hildebrand Blvd

    Kennewick, WA 99337
    • $4,695,000
    • STATUS: Pending
    • ON SITE: 29 days
    • MLS #: 240770
    Pending
    UPDATED: 25 min ago
    $4,695,000
    • 0
      BEDS
    • 1.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,898
      SQFT
    • $528
      $/SQFT
    Type:
    Commercial
    Built:
    2015
    County:
    Area:

    School Ratings & Info

    Description

    100% Occupied NNN Investment for sale in fast growing Southridge area of Tri-Cities, WA. This 3 tenant retail development went up in 2014 and is home to Hops N Drops, Numerica Credit Union and Roasters Coffee. Strong tenants with term left positioned next to the City of Kennewick's 40 acre sport complex, Trios Hospital Campus right off Hwy 395/I-82 Kennewick entrance. Pricing based on 2020 ProForma. 73 Parking Stalls on site plus cross parking with the City of Kennewick. Please do not contact tenants. Reach out to Listing Broker for NDA and supporting documents. Broker is also a partner in the Ownership.

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    © 2019 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: 2019-10-20T19:39:38.68.
    www.thelalkagroup.com/homes/99197355

    4898 W Hildebrand Blvd Kennewick, WA 99337

    • Price: $4,695,000
    • Status: Pending
    • Updated: 25 min ago
    • MLS #: 240770
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.37
    Acres
    8,898
    SQFT
    $528
    $/SQFT
    2015
    Built
    County:
    Benton
    Area:
    Kennewick
    Property Description
    100% Occupied NNN Investment for sale in fast growing Southridge area of Tri-Cities, WA. This 3 tenant retail development went up in 2014 and is home to Hops N Drops, Numerica Credit Union and Roasters Coffee. Strong tenants with term left positioned next to the City of Kennewick's 40 acre sport complex, Trios Hospital Campus right off Hwy 395/I-82 Kennewick entrance. Pricing based on 2020 ProForma. 73 Parking Stalls on site plus cross parking with the City of Kennewick. Please do not contact tenants. Reach out to Listing Broker for NDA and supporting documents. Broker is also a partner in the Ownership.
    Exterior Features

    Built On Grade No Dock High No Frontage 100 Parking 51 - 75 Spaces Rail Access No Truck Doors No

    Interior Features

    Clear Span No Cold Storage No Elevators No Sprinkler System Yes Sq Ft Below Ground 0 Sq Ft Finished 8898 Sq Ft Retail 8898

    Property Features

    Annual Taxes 33425.67 Auction No Bank Owned No Commercial Type Retail Distressed Not Applicable Ever Occupied Yes For Sale Or Rent For Sale Franchise YN Yes Percent Leased 100 Proj Annual Expenses 63000 Proj Annual Income 254304 Proj Annual Vacancy 1.5% Proj Cap Rate 5.36 Proj Net Operating Income 250000 Tax Year 2018 Tenants 3 Zoning Type Commcl Retail

    Listing provided courtesy of Nai Tri-Cities Commercial. © 2019 Multiple Listing Service of Pacific Regional Multiple Listing Service.


    © 2019 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: 2019-10-20T19:39:38.68.
     
    The Lalka Group
    8350 W Grandridge Blvd Ste 200
    Kennewick WA, 99336