2000 Columbia Center Blvd Kennewick, WA 99336 – 2000B N Columbia Center Boulevard

2000, Columbia Center Blvd, Kennewick, WA  99336

For Sale

2000B N Columbia Center Boulevard (Status: Available) 1650000

2000, Columbia Center Blvd, Kennewick, WA  99336

Regional Coffee Chain NNN Investment in Kennewick WA for sale. Great visibility and access on Columbia Center Blvd across from the Simon Regional Mall and On Ramps for HWY 240. 7.5 Years of Base Term left with coffee tenant. $112k NOI with annual bumps scheduled throughout remaining base term. There are two buildings on the property; one double drive thru building and a vacant 4500 SF office/retail building. NNN portion of the Property is a 5.52% CAP and the Pro Forma has the vacant building at $12/SFNNN or a 8.90% CAP. Blended together the NNN + Value Add is a 6.75% CAP deal. Great upside for Investor to collect coffee chain rent and Occupy or Lease up the frontage building. There are two other Locations also for sale. Call LA for more information. Do not disturb Tenant or Business.

Listing Details

Asset Class: Retail
Year Built: 1967
Building Total Square Feet: 4447
Available Lease Space Square Feet: 4447
Number of Floors: 1
Total Parking Spaces: 30
Local Zoning Information: CR

CBA

Listing Courtesy of: StrickerCRE

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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