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10525 Ridgeline Dr - 10525 Ridgeline Dr. Kennewick, WA 99338 37,800 SF Specialty Building Offered at $8,364,224 CAD at a 5.10% Cap Rate in Kennewick, WA 99338
INVESTMENT HIGHLIGHTS
- Great Location, with excellent freeway access in fast growing Tri-Cities, WA. Close to the Hanford Nuclear Site, Wine Industry.
EXECUTIVE SUMMARY
35 Unit Storage Facility in SE Washington Featuring Excellent Freeway Access Exposure:
Certificate of Occupancy received 1/15/2025.
3.13 Total Acres
Each unit features a man door and 12'x14' roll up door.
Interior Features 2 plug ins and 30 amp service.
5 Separate Buildings w/each having separate permits/separate electrical meters-for future subdividing if desired.
12- 18x40 units currently renting at $595
11- 18x60 units currently renting at $795
12- 18x80 units currently renting at $995
31 of 35 units currently occupied w/ 1 year leases.
Private RV Dump
Dedicated Security System
Keypad Entry w/ Custom Scissor Gate
1880 lineal feet of masonry security fence.
Custom Entry Sign.
Certificate of Occupancy received 1/15/2025.
3.13 Total Acres
Each unit features a man door and 12'x14' roll up door.
Interior Features 2 plug ins and 30 amp service.
5 Separate Buildings w/each having separate permits/separate electrical meters-for future subdividing if desired.
12- 18x40 units currently renting at $595
11- 18x60 units currently renting at $795
12- 18x80 units currently renting at $995
31 of 35 units currently occupied w/ 1 year leases.
Private RV Dump
Dedicated Security System
Keypad Entry w/ Custom Scissor Gate
1880 lineal feet of masonry security fence.
Custom Entry Sign.
PROPERTY FACTS
| Price | $8,364,224 CAD | Property Subtype | Self-Storage |
| Price Per SF | $221.28 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 3.13 AC |
| Cap Rate | 5.10% | Building Size | 37,800 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Zoning | Community Commercial - Community Commercial is very flexible...property is surrounded by apartment complexes, residential and related CC properties. | ||
| Price | $8,364,224 CAD |
| Price Per SF | $221.28 CAD |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.13 AC |
| Building Size | 37,800 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | Community Commercial - Community Commercial is very flexible...property is surrounded by apartment complexes, residential and related CC properties. |
PROPERTY TAXES
| Parcel Number | 112882BP5309001 | Improvements Assessment | $0 CAD |
| Land Assessment | $301,832 CAD | Total Assessment | $301,832 CAD |
PROPERTY TAXES
Parcel Number
112882BP5309001
Land Assessment
$301,832 CAD
Improvements Assessment
$0 CAD
Total Assessment
$301,832 CAD
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Kooskooskia Inc
10525 Ridgeline Dr - 10525 Ridgeline Dr. Kennewick, WA 99338
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