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1911 Fowler 1911 Fowler St 29,533 SF Retail Building Richland, WA 99352 $4,500,000 ($152.37/SF) 6% Cap Rate
EXECUTIVE SUMMARY
MLS#286485 FULLY LEASED INVESTMENT. Excellent opportunity. Highly visible from freeway. Tenant has been leasing for over 14 years with 2 more years remaining and opportunity to extend. Property nets $270,602 annually. Tenant pays for all property taxes, insurance and maintenance. Please contact. LA for more info and showings.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
29,533 SF
Building Class
C
Year Built
1992
Price
$4,500,000
Price Per SF
$152.37
Cap Rate
6%
NOI
$270,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
1.48 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,029,130 | |
| Land Assessment | $516,960 | Total Assessment | $2,546,090 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$516,960
Improvements Assessment
$2,029,130
Total Assessment
$2,546,090
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1911 Fowler | 1911 Fowler St
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