$1,250,000
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636 N Colorado Street Kennewick, WA 99336
Office
Residence
Beds
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
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MLS# 276661 636 Colorado is situated at the center of the Tri-Cities Central Business District, near the junction of Grandridge Boulevard & Columbia Center Boulevard, and presents a prime real estate opportunity. This property currently operates as a single-tenant office building with a new 5-year l...ease but offers adaptable options for division. A compelling investment prospect, 636 Colorado operates as a Triple Net property, ensuring a consistent revenue stream. The tenant is responsible for all property operating expenses and associated costs. Great opportunity for investors seeking a steady income with relatively low risk located in the thriving business district! The 5-year lease has large annual increases, 8.89% CAP Rate in year 5!
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MLS#
276661
Property Type
Office
Year Built
1993
Price per Sq. Ft.
$40.42
Lot Size
0.71
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