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Gage Blvd Professional Services Complex 8514 W Gage Blvd 9,252 SF 74% Leased Office Building Kennewick, WA 99336 $1,350,000 ($145.91/SF) 6.76% Cap Rate
Executive Summary
This Gage Blvd. complex is a great investment or owner-user opportunity. Strong rental history with a solid tenant mix including professional/medical users, as well as general office users. One suite is available for owner-occupancy or a new tenant. The anchor tenants are currently under Lease and the smaller office tenants are on month-to-month Leases.
Property Facts
Sale Type
Investment
Property Type
Building Size
9,252 SF
Building Class
C
Year Built
1977
Price
$1,350,000
Price Per SF
$145.91
Cap Rate
6.76%
NOI
$91,302
Percent Leased
74%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,852 SF
Building FAR
0.33
Lot Size
0.65 AC
Zoning
Commercial General
Space Availability
- Space
- Size
- Space Use
- Build-Out
- 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 | Build-Out | Available |
| 1st Fl-Ste 102 | 2,400 SF | Office | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 2,400 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 102
| Size | 2,400 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| 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.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $682,520 | |
| Land Assessment | $227,420 | Total Assessment | $909,940 |
Property Taxes
Parcel Numbers
Land Assessment
$227,420
Improvements Assessment
$682,520
Total Assessment
$909,940
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Contact the Sale Advisor
Gage Blvd Professional Services Complex | 8514 W Gage Blvd