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    8121 W Grandridge Blvd

    Kennewick, WA 99336
    • $2,395,000
    • STATUS: Active
    • ON SITE: 56 days
    • MLS #: 248205
    UPDATED: 20 min ago
    $2,395,000
    • 0
      BEDS
    • 1.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,750
      SQFT
    • $204
      $/SQFT
    Type:
    Commercial
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Description

    Office Investment Property for sale at 8121 W Grandridge Blvd in Kennewick. Built in 2007 this 12k SF building that has 3 suites. The main floor has 10k SF and leased up to national bank and long term communication tenant. The property sits on a 1.12 acre parcel with plenty of parking for the tenants and customers. Located on Grandridge BLVD in the Commercial Business District that houses some of the nicest office properties in Tri-Cities. All leases are NNN and would be perfect for an Investor parking money in a great performing asset. Long term this will always be a sought after area for Investors and Businesses. ProForma NOI is $199k and at an 8.33% CAP. 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: 2020-10-24T21:39:39.487.
    www.tri-citieslife.com/homes/109469196
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    8121 W Grandridge Blvd Kennewick, WA 99336

    • Price: $2,395,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 248205
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.12
    Acres
    11,750
    SQFT
    $204
    $/SQFT
    2007
    Built
    County:
    Benton
    Area:
    Kennewick
    Property Description
    Office Investment Property for sale at 8121 W Grandridge Blvd in Kennewick. Built in 2007 this 12k SF building that has 3 suites. The main floor has 10k SF and leased up to national bank and long term communication tenant. The property sits on a 1.12 acre parcel with plenty of parking for the tenants and customers. Located on Grandridge BLVD in the Commercial Business District that houses some of the nicest office properties in Tri-Cities. All leases are NNN and would be perfect for an Investor parking money in a great performing asset. Long term this will always be a sought after area for Investors and Businesses. ProForma NOI is $199k and at an 8.33% CAP. Call LA for more information.
    Exterior Features

    Built On Grade Yes Dock High No Parking 31 - 40 Spaces Rail Access No Truck Doors No

    Interior Features

    Clear Span No Cold Storage No Elevators No Sprinkler System Yes Sq Ft Finished 11750

    Property Features

    1031 Exchange YN No Annual Taxes $11044.53 Auction No Avg Monthly Utilities 600 Bank Owned No Commercial Type Office Ever Occupied Yes For Sale Or Rent For Sale Percent Leased 87 Proj Annual Expenses $62850 Proj Annual Income $209979 Proj Annual Vacancy 5% Proj Cap Rate 8.33% Proj Net Operating Income $199480 Tax Year 2020 Tenants 3 Zoning Type Commcl General

    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: 2020-10-24T21:39:39.487.
     
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    Tri-Cities Life
    924 N. Columbia Center Blvd., Suite 220
    Kennewick WA, 99336