81 Columbia Point DrRichland, WA 99352
For Sale
$6,375,000
Grocery-anchored storefront, high cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Exceptional Richland, WA retail investment opportunity at 81 Columbia Point Dr.
- 25,000 square foot building constructed in 2004.
- Strong anchor tenant, Dollar Tree (19,966 SF), with a lease extending to January 2032, plus two 5-year options.
- $6,375,000 asking price, 6.69% cap rate, $426,016 annual NOI.
- 5,000 SF vacant suite available for lease at $22.50/SF (previously a mattress store).
- Triple-net (NNN) lease structure with estimated NNN expenses at $3.75/SF; WinCo manages CAM.
Property Details for 81 Columbia Point Dr
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 25,000 SF
- Year Built
- 2004
Location Insight
- City
- Richland
- County
- Benton
- State
- Washington
- Latitude
- 46.2621905
- Longitude
- -119.2647133
81 Columbia Point Dr, Richland, Washington
Nearby Similar for Sale
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