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103-151 N Ely St
Kennewick, WA 99336
The Highlands Center · Retail Property For Sale
Investment Highlights
- Strong performing national credit anchors
- REI brand new, early 10 year extension
- All anchors have renewed at least once resulting in over 8 years of average weighted lease term remaining
- 44% NOI growth for the initial 10 year hold
- 10,000 SF of shop vacancy providing immediate upside
Property Facts
Property Type
Retail
Building Size
122,263 SF
Building Class
B
Year Built/Renovated
1976/2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
8.38 AC
Zoning
Commercial Retail
Parking
602 Spaces (4.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
About 103-151 N ELY ST , KENNEWICK, WA 99336
Highlands Center benefits from nearly 1,000 feet of frontage with its main entrance on Highway 395, a main arterial through the Tri-Cities. The center also contains two points of ingress/egress to the north on W Clearwater Avenue and two points of ingress/egress to the south on W Kennewick Avenue.
Property Taxes
| Parcel Number | 103891030000005 | Improvements Assessment | $10,046,880 |
| Land Assessment | $3,178,710 | Total Assessment | $13,225,590 |
Property Taxes
Parcel Number
103891030000005
Land Assessment
$3,178,710
Improvements Assessment
$10,046,880
Total Assessment
$13,225,590
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