1110 Center Parkway

    Kennewick, WA 99336
    • $3,375,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 237029
    UPDATED: 67 min ago
    $3,375,000
    • 0
      BEDS
    • 1.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,648
      SQFT
    • $247
      $/SQFT
    Type:
    Commercial
    Built:
    1995
    County:
    Area:

    School Ratings & Info

    Description

    Great Owner-User or 1031 Exchange opportunity to purchase Two (2) Class A Office buildings located in Kennewick's CBD area. Both properties are located on the 1.19 acre parcel located on Center Parkway & Quinault, overlooking the professional corridor and retail area of Kennewick/Richland. There is 8,800 SF building (Bldg A) that was just vacated by a long standing CPA firm who occupied the space since early 2000s. Setup for 35+ employees and includes private offices, open bullpen areas, conf rooms, kitchen and great views of TC. Building B is a 4,848 SF two story office building that is occupied by a long term Tenant who has a fresh 36 month lease in place. Owner User could occupy in Building A (8,800 SF) and have Building B cash flow for them w/ possible future expansion if Owner/User needs to grow closer to 14k SF. Great 1031 Candidate to position capital in long term stable property that hasn't been on the Market before. Call LA for more information and to schedule a tour.

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    © 2019 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 Keller Williams Tri-Cities. Data last updated: 2019-05-21T19:39:44.78.
    www.communityrealestategroup.com/homes/94402725

    1110 Center Parkway Kennewick, WA 99336

    • Price: $3,375,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 237029
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.19
    Acres
    13,648
    SQFT
    $247
    $/SQFT
    1995
    Built
    County:
    Benton
    Area:
    Kennewick
    Property Description
    Great Owner-User or 1031 Exchange opportunity to purchase Two (2) Class A Office buildings located in Kennewick's CBD area. Both properties are located on the 1.19 acre parcel located on Center Parkway & Quinault, overlooking the professional corridor and retail area of Kennewick/Richland. There is 8,800 SF building (Bldg A) that was just vacated by a long standing CPA firm who occupied the space since early 2000s. Setup for 35+ employees and includes private offices, open bullpen areas, conf rooms, kitchen and great views of TC. Building B is a 4,848 SF two story office building that is occupied by a long term Tenant who has a fresh 36 month lease in place. Owner User could occupy in Building A (8,800 SF) and have Building B cash flow for them w/ possible future expansion if Owner/User needs to grow closer to 14k SF. Great 1031 Candidate to position capital in long term stable property that hasn't been on the Market before. Call LA for more information and to schedule a tour.
    Exterior Features

    Built On Grade Unknown Dock High No Parking 51 - 75 Spaces Rail Access No Truck Doors No

    Interior Features

    Clear Span No Cold Storage No Elevators No Sprinkler System Yes Sq Ft Below Ground 1800 Sq Ft Finished 13648 Sq Ft Office 13648

    Property Features

    Annual Taxes 24592.51 Auction No Bank Owned No Business Name Fmr Accounting Office Commercial Type Office Ever Occupied Yes For Sale Or Rent For Sale Proj Annual Expenses 58000 Proj Annual Income 225000 Proj Annual Vacancy 2.5% Proj Cap Rate 6.5% Proj Net Operating Income 219000 Tax Year 2017 Tenants 2 Zoning Type Commcl Office

    Listing provided courtesy of Nai Tri-Cities Commercial. © 2019 Multiple Listing Service of Pacific Regional Multiple Listing Service.
    © 2019 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 Keller Williams Tri-Cities. Data last updated: 2019-05-21T19:39:44.78.
     
    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353