2517 Logan StRichland, WA 99354

For Sale
$3,400,000

Prime industrial park, high-return flex space

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A flex facility, built in 2024, offers 11,769 square feet of versatile space across five finished suites in Richland, WA's Horn Rapids Industrial/Business park. Situated on nearly two acres, the property boasts a 1.25-acre fenced laydown yard and two additional shovel-ready lots, providing significant expansion potential. The building features 22-foot eave heights, seven 14-foot tall overhead doors, and is 100% climate-controlled. Modern amenities include fire sprinklers, three-phase power, and high-speed fiber internet. With ample parking (25+ spaces), the design allows for easy combination of suites. The property's strong financials include a 7.60% cap rate and a pro-forma NOI of $260,952, making it an attractive investment opportunity. The asking price is $3,400,000, with a price per square foot of $288.89. This NNN lease property presents a compelling blend of functionality, location, and financial upside. The property is zoned for mixed-use, industrial, and office purposes.

Highlights

  • New 2024 construction Class A flex facility totaling 11,769 square feet.
  • Located in Richland, WA's prime Horn Rapids Industrial/Business Park on nearly two acres.
  • Features five finished suites, 22-foot eave heights, seven 14-foot overhead doors, and is 100% climate-controlled.
  • Includes a 1.25-acre fenced laydown yard and two additional shovel-ready lots.
  • Offers 25+ parking spaces, three-phase power, high-speed fiber internet, and fire sprinklers; suites easily combinable.

Property Details for 2517 Logan St

Property type
Other warehouses, Other office properties
Square Feet
11,769 SF
Class
A
Year Built
2024
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Richland
County
Benton
State
Washington
Latitude
46.325294224321
Longitude
-119.30372989431
2517 Logan St, Richland, Washington

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2517 Logan St
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