4206 W 24th Ave
Kennewick WA 99338
Landon Center
4206 W 24th Ave Kennewick WA 99338
Listing #: 680656 | Status: Available | Last Modified: 5/6/2024 |
For Sale
- Phone:(509) 430-2378
- Email:rob@robellsworth.com
- Office Name:SVN Retter & Company
- Office Phone:(509) 737-9429
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,525,000.0
- $/SF$ 210.4
- Listing StatusAvailable
- Days on Market24
- Asset ClassOffice
- Terms
- Investment Type
- Investment PropYes
- Gross Income225,476
- Vacancy Factor %0.00%
- Operating Expenses57,681
- Net Operating Income167,795
- CAP Rate 6.65 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12000
- Net Rentable Area12000
- Total Office SF12000
- Largest Contiguous SF
- Lot SF74923
- Acres1.72
- Property TypeOffice
- Office TypeOther
- Building ClassB
- CountyBenton
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaBenton County
- Tax ID #110893BP3889001
- Additional Parcels
- ZoningCC
- Year Built2008
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeStucco
Excellent Investor Opportunity
This is an excellent option for an investor or an owner occupant that also wants to benefit from the rental income. This site features two 6,000 sf office buildings and has a great tenant mix as well as variety of suite sizes. The property has a strong rental history and is located in highly sought after area that has excellent access from all directions. All leases all gross and slightly below market, which allows for the new buyer to increase the return as the leases turn over.
Day Care, Mixed-Use, Executive Suite, Business Park
