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3807 W Court St 7,174 SF 100% Leased Office Building Pasco, WA 99301 $1,799,000 ($250.77/SF) 5.70% Cap Rate
Investment Highlights
- Prime Location
- Heavy traffic count
- Two Lots
Executive Summary
Prime Pasco Office Opportunity on 1.58 Acres Discover an exceptional commercial investment or future owner-user opportunity located at 3807 Court Street in Pasco. This well-maintained 7,174-square-foot office building is situated on a sprawling 1.58-acre site across two separate tax parcels, offering incredible long-term flexibility and potential for expansion. Originally constructed in1994 and freshly painted in 2021, the building is currently 100% leased to a single tenant, providing immediate, stable cash flow. The existing lease has 1.5 years remaining, NNN. Boasting excellent visibility right off Court Street and just before Road 40, the property features a generous parking lot with 11 to 20 dedicated spaces. Zoning is Commercial General, accommodating a wide variety of professional business uses. Don't miss out on this turnkey commercial asset in a rapidly growing Franklin County hub.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
7,174 SF
Building Class
C
Year Built
1994
Price
$1,799,000
Price Per SF
$250.77
Cap Rate
5.70%
NOI
$102,502
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,174 SF
Building FAR
0.10
Lot Size
1.58 AC
Zoning
Commercial - Commercial Zone
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Washington Physical Therapy
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Washington Physical Therapy | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 119-162-041 | Improvements Assessment | $666,300 |
| Land Assessment | $524,900 | Total Assessment | $1,191,200 |
Property Taxes
Parcel Number
119-162-041
Land Assessment
$524,900
Improvements Assessment
$666,300
Total Assessment
$1,191,200
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3807 W Court St
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