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    7511 W Arrowhead Ave

    Kennewick, WA 99336
    • $1,250,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 249580
    UPDATED: 60 min ago
    $1,250,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,228
      SQFT
    • $102
      $/SQFT
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Great office complex for sale located off Columbia Center BLVD in Kennewick. Two Story office building built by Grant Construction in 1970 and was a long standing office complex that was occupied by a long standing CPA on the 2nd floor. Each floor has a 5,815 SF floorplate. The main floor is home to 3 tenants, shared conference room, bathrooms and common space. Upstairs is home to 3 tenants the occupy the space with common bathrooms. All Tenants are on 12 month Modified Gross Leases, that are below market and could serve as a great opportunity for an Owner/User or Value Add Investor. Gross Revenues are $100k with an average of $62k in OPEX. Owners updated the building with ADA bathroom, ADA outside ramp and Elevator along with other cosmetic upgrades. Call LA for more information.

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    © 2020 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 Tri-Cities Life. Data last updated: 2020-11-26T12:39:38.277.
    www.tri-citieslife.com/homes/111238688
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    7511 W Arrowhead Ave Kennewick, WA 99336

    • Price: $1,250,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 249580
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    12,228
    SQFT
    $102
    $/SQFT
    1970
    Built
    County:
    Benton
    Area:
    Kennewick
    Property Description
    Great office complex for sale located off Columbia Center BLVD in Kennewick. Two Story office building built by Grant Construction in 1970 and was a long standing office complex that was occupied by a long standing CPA on the 2nd floor. Each floor has a 5,815 SF floorplate. The main floor is home to 3 tenants, shared conference room, bathrooms and common space. Upstairs is home to 3 tenants the occupy the space with common bathrooms. All Tenants are on 12 month Modified Gross Leases, that are below market and could serve as a great opportunity for an Owner/User or Value Add Investor. Gross Revenues are $100k with an average of $62k in OPEX. Owners updated the building with ADA bathroom, ADA outside ramp and Elevator along with other cosmetic upgrades. Call LA for more information.
    Exterior Features

    Built On Grade Unknown Dock High No Parking 41 - 50 Spaces Rail Access No Truck Doors No

    Interior Features

    Clear Span No Cold Storage No Elevators Yes Sprinkler System Yes Sq Ft Below Ground 600 Sq Ft Finished 11630

    Property Features

    1031 Exchange YN No Annual Taxes 10381 Auction No Avg Monthly Utilities $1567 Bank Owned No Commercial Type Office Ever Occupied Yes For Sale Or Rent For Sale Percent Leased 95 Proj Annual Expenses 62000 Proj Annual Income $100800 Proj Annual Vacancy 3% Proj Net Operating Income 35000 Tax Year 2020 Tenants 5 Zoning Type Commcl Office

    Listing provided courtesy of Nai Tri-Cities Commercial. © 2020 Multiple Listing Service of Pacific Regional Multiple Listing Service.


    © 2020 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 Tri-Cities Life. Data last updated: 2020-11-26T12:39:38.277.
     
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    Tri-Cities Life
    924 N. Columbia Center Blvd., Suite 220
    Kennewick WA, 99336