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1846 Terminal Dr 1846 Terminal Dr 7,600 SF 100% Leased Flex Building Richland, WA 99354 $995,000 ($130.92/SF) 7.76% Cap Rate
Executive Summary
2001 built office/warehouse building with fenced laydown yard. Currently set up as an executive office suite
building. Office portion is 5,000 sf and has waiting area, large reception desk, 12 offices, kitchen, restrooms
and private deck off second floor. Warehouse is 2,500 sf and has 3 offices, mezzanine storage and a
restroom.
Current monthly income results in $106,800 per year. Expenses are $29,636. Leases are year to year but can
be broke by owner with 60 day notice upon a sale. Land is leased from Port of Benton for $383/month
building. Office portion is 5,000 sf and has waiting area, large reception desk, 12 offices, kitchen, restrooms
and private deck off second floor. Warehouse is 2,500 sf and has 3 offices, mezzanine storage and a
restroom.
Current monthly income results in $106,800 per year. Expenses are $29,636. Leases are year to year but can
be broke by owner with 60 day notice upon a sale. Land is leased from Port of Benton for $383/month
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $995,000 | Building Class | B |
| Price Per SF | $130.92 | Lot Size | 1.00 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 7,600 SF |
| Cap Rate | 7.76% | No. Stories | 2 |
| Property Type | Flex | Year Built | 2001 |
| Price | $995,000 |
| Price Per SF | $130.92 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.76% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 1.00 AC |
| Rentable Building Area | 7,600 SF |
| No. Stories | 2 |
| Year Built | 2001 |
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
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Property Taxes
| Parcel Number | 804981000001000 | Total Assessment | $463,440 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $463,440 | Tax Year | 2025 |
Property Taxes
Parcel Number
804981000001000
Land Assessment
$0
Improvements Assessment
$463,440
Total Assessment
$463,440
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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