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8318 Gage Blvd
Kennewick, WA 99336
Retail Property For Sale


Executive Summary
Excellent multi tenant retail investment property with very successful, long term restaurant tenant anchor. This property is in the heart of a major Kennewick retail artery, next to the Columbia Center Mall, Costco, Olive Garden, AMC movie theatre, and much more. Fully leased with tenants including Bangkok Thai, Tire Factory, and Brumley Law Firm.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,000 SF
Building Class
B
Year Built
1977
Price
$1,795,000
Price Per SF
$199.44
Cap Rate
7.07%
NOI
$126,989
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.58 AC
Zoning
Commercial General - Commercial District
Property Taxes
| Parcel Number | 130994000013002 | Improvements Assessment | $594,950 |
| Land Assessment | $225,870 | Total Assessment | $820,820 |
Property Taxes
Parcel Number
130994000013002
Land Assessment
$225,870
Improvements Assessment
$594,950
Total Assessment
$820,820
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