Description
MLS# 280259 Located in the thriving West Pasco, this 6,993 SF commercial property is a prime investment opportunity. Fully leased to a long-standing tenant at $16,500 per month NNN lease, the property offers stable income with a 6.57% cap rate. The property's design provides future flexibility, allowing for division into smaller suites for multi-tenant occupancy if needed. As a condo, it benefits from shared costs for exterior capital improvements, reducing owner responsibility. West Pasco's ongoing growth and the property's strategic location make this an excellent addition to any portfolio, this asset combines immediate returns with long-term potential.
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0BEDS
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2.23ACRES
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0BATHS
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01/2 BATHS
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6,993SQFT
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$386$/SQFT
School Ratings & Info
Description
MLS# 280259 Located in the thriving West Pasco, this 6,993 SF commercial property is a prime investment opportunity. Fully leased to a long-standing tenant at $16,500 per month NNN lease, the property offers stable income with a 6.57% cap rate. The property's design provides future flexibility, allowing for division into smaller suites for multi-tenant occupancy if needed. As a condo, it benefits from shared costs for exterior capital improvements, reducing owner responsibility. West Pasco's ongoing growth and the property's strategic location make this an excellent addition to any portfolio, this asset combines immediate returns with long-term potential.
© 2025 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: 2025-01-13T21:40:07.837.