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3205 Kennedy Rd

West Richland, WA 99353
  • $1,250,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 268833
UPDATED: 22 min ago
$1,250,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 450
    SQFT
  • $2,778
    $/SQFT
Type:
Commercial
Built:
2017
County:

School Ratings & Info

Description

MLS# 268833 Regional Coffee Chain NNN Investment in Richland WA for sale. Strong location at the signalized intersection of Kennedy & Keene in the Queensgate corridor. 7.5 Years of Base Term left with coffee tenant. 5.25 CAP with $65k NOI and annual bumps scheduled throughout remaining base term. Property features double drive thru's and 12 parking stalls with access off of Kennedy. Built new in 2017 and has grown with the residential and commercial growth in this corridor. There are two other Locations also for sale. Call LA for more information. Do not disturb Tenant or Business.

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© 2023 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 Premier Solutions Realty | Kelly Right Real Estate of the Tri-Cities. Data last updated: 2023-06-01T10:39:41.683.
www.premiersolutionsrealty.com/homes/139862238
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3205 Kennedy Rd West Richland, WA 99353

  • Price: $1,250,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 22 min ago
  • MLS #: 268833
0
Beds
0
Baths
0
½ Baths
0.69
Acres
450
SQFT
$2,778
$/SQFT
2017
Built
County:
Benton
Area:
West Richland
Property Description
MLS# 268833 Regional Coffee Chain NNN Investment in Richland WA for sale. Strong location at the signalized intersection of Kennedy & Keene in the Queensgate corridor. 7.5 Years of Base Term left with coffee tenant. 5.25 CAP with $65k NOI and annual bumps scheduled throughout remaining base term. Property features double drive thru's and 12 parking stalls with access off of Kennedy. Built new in 2017 and has grown with the residential and commercial growth in this corridor. There are two other Locations also for sale. Call LA for more information. Do not disturb Tenant or Business.
Exterior Features

Built On Grade Yes Dock High No Parking 11 - 20 Spaces Rail Access No Truck Doors No

Interior Features

Clear Span No Cold Storage No Elevators No Sprinkler System No Sq Ft Finished 450 Sq Ft Retail 450

Property Features

Annual Taxes 5805 Auction No Bank Owned No Business Name Blackrock/Wakeup Coffee Commercial Type Retail Ever Occupied Yes For Sale Or Rent For Sale Percent Leased 100 Proj Annual Expenses 0 Proj Annual Income 65653 Proj Annual Vacancy 1% Proj Cap Rate 5.25% Proj Net Operating Income 65000 Sale Includes Building Tax Year 2022 Tenants 1 Zoning Type See Remarks

Listing provided courtesy of Strickercre: 509-591-9949. © 2023 Multiple Listing Service of Pacific Regional Multiple Listing Service.


© 2023 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 Premier Solutions Realty | Kelly Right Real Estate of the Tri-Cities. Data last updated: 2023-06-01T10:39:41.683.
 
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Premier Solutions Realty | Kelly Right Real Estate of the Tri-Cities
1321 Columbia Park Trail Suite D
Richland WA, 99352