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Gage Blvd Professional Services Complex 8514 W Gage Blvd 9,252 SF 74% Leased Retail Building Kennewick, WA 99336 $1,350,000 ($145.91/SF) 6.74% Cap Rate
Executive Summary
This complex is fully leased with strong rental history and a great tenant mix. The tenants include professional/medical users as well as general office users.
The anchor tenants are currently under a lease and the smaller office tenants are on month to month. Offered at a 6.74% cap rate.
The anchor tenants are currently under a lease and the smaller office tenants are on month to month. Offered at a 6.74% cap rate.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,252 SF
Building Class
C
Year Built
1977
Price
$1,350,000
Price Per SF
$145.91
Cap Rate
6.74%
NOI
$91,002
Percent Leased
74%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.65 AC
Zoning
Commercial General
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This move in ready office suite is located along Gage Blvd. Has privacy yet also excellent access and parking. The suite features a large reception area, 8 private offices, 2 restrooms and a small conference room.
| Space | Size | Space Use | Position | Available |
| 102 | 2,400 SF | Office | - | Now |
102
| Size |
| 2,400 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
102
| Size | 2,400 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
This move in ready office suite is located along Gage Blvd. Has privacy yet also excellent access and parking. The suite features a large reception area, 8 private offices, 2 restrooms and a small conference room.
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $793,690 | |
| Land Assessment | $120,470 | Total Assessment | $914,160 |
Property Taxes
Parcel Numbers
Land Assessment
$120,470
Improvements Assessment
$793,690
Total Assessment
$914,160
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Gage Blvd Professional Services Complex | 8514 W Gage Blvd
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