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10525 Ridgeline Dr - 10525 Ridgeline Dr. Kennewick, WA 99338 37,800 SF Specialty Building Offered at $5,795,000 at a 5.28% Cap Rate in Kennewick, WA 99338
Investment Highlights
- Great Location, with excellent freeway access in fast growing Tri-Cities, WA. Close to the Hanford Nuclear Site, Wine Industry.
Executive Summary
35 Unit Storage Facility in SE Washington Featuring Excellent Freeway Access Exposure:
Certificate of Occupancy received 1/15/2025.
3.13 Total Acres
Each unit features a man door and 12'x14' roll up door.
Interior Features 2 plug ins and 30 amp service.
5 Separate Buildings w/each having separate permits/separate electrical meters-for future subdividing if desired.
12- 18x40 units currently renting at $595
11- 18x60 units currently renting at $795
12- 18x80 units currently renting at $995
31 of 35 units currently occupied w/ 1 year leases.
Private RV Dump
Dedicated Security System
Keypad Entry w/ Custom Scissor Gate
1880 lineal feet of masonry security fence.
Custom Entry Sign.
Certificate of Occupancy received 1/15/2025.
3.13 Total Acres
Each unit features a man door and 12'x14' roll up door.
Interior Features 2 plug ins and 30 amp service.
5 Separate Buildings w/each having separate permits/separate electrical meters-for future subdividing if desired.
12- 18x40 units currently renting at $595
11- 18x60 units currently renting at $795
12- 18x80 units currently renting at $995
31 of 35 units currently occupied w/ 1 year leases.
Private RV Dump
Dedicated Security System
Keypad Entry w/ Custom Scissor Gate
1880 lineal feet of masonry security fence.
Custom Entry Sign.
Property Facts Under Contract
| Price | $5,795,000 | Property Subtype | Self-Storage |
| Price Per SF | $153.31 | Building Class | B |
| Sale Type | Investment | Lot Size | 3.13 AC |
| Cap Rate | 5.28% | Building Size | 37,800 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Zoning | Community Commercial | ||
| Price | $5,795,000 |
| Price Per SF | $153.31 |
| Sale Type | Investment |
| Cap Rate | 5.28% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.13 AC |
| Building Size | 37,800 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | Community Commercial |
Property Taxes
| Parcel Number | 112882BP5309001 | Improvements Assessment | $0 |
| Land Assessment | $215,250 | Total Assessment | $215,250 |
Property Taxes
Parcel Number
112882BP5309001
Land Assessment
$215,250
Improvements Assessment
$0
Total Assessment
$215,250
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Presented by
Kooskooskia Inc
10525 Ridgeline Dr - 10525 Ridgeline Dr. Kennewick, WA 99338
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