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814 Comstock St 5,784 SF Retail Building Richland, WA 99352 $1,350,000 ($233.40/SF) 7.94% Cap Rate
Executive Summary
MLS#287700 Just Listed. Rare Investment Opportunity. Well established long standing daycare/education center in Richland. Property is well maintained and is at full capacity. Owner of daycare is in absolute NNN lease with 9 years remaining. Daycare has multiple locations with several in TriCities, Yakima and Ellensburg. Building has 3 offices, 4 large classrooms with separate doors to large secure outdoor play area, 1 main restroom and 3 kids restrooms, and large kitchen. Parking for employees and pick up drop off area. Business is in operation so please contact broker for more information or showings.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,784 SF
Building Class
C
Year Built
1960
Price
$1,350,000
Price Per SF
$233.40
Cap Rate
7.94%
NOI
$107,190
Tenancy
Single
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.21 AC
Zoning
Misc Commercial
Parking
7 Spaces (1.21 Spaces per 1,000 SF Leased)
Frontage
168’ on Comstock Street
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $193,410 | |
| Land Assessment | $72,070 | Total Assessment | $265,480 |
Property Taxes
Parcel Numbers
Land Assessment
$72,070
Improvements Assessment
$193,410
Total Assessment
$265,480
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814 Comstock St
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