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Thayer Dr Retail Strip Center 1217 Thayer Dr 5,181 SF 100% Leased Retail Building Richland, WA 99354 $1,321,683 CAD ($255.10 CAD/SF) 7.71% Cap Rate



Executive Summary
This fully occupied neighborhood retail center offers a strong and diverse tenant mix along with an established operating history. Current tenants include a coffee stand, a preschool, and a live fish wholesaler. The property features an expansive parking lot, providing ample convenience for customers and staff. This presents an excellent opportunity for a stable, passive investment.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,181 SF
Building Class
C
Year Built
1943
Price
$1,321,683 CAD
Price Per SF
$255.10 CAD
Cap Rate
7.71%
NOI
$101,852 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.91 AC
Zoning
C-1 - Neighborhood Retail
Nearby Major Retailers
Property Taxes
| Parcel Number | 110981020271005 | Improvements Assessment | $341,671 CAD |
| Land Assessment | $204,561 CAD | Total Assessment | $546,232 CAD |
Property Taxes
Parcel Number
110981020271005
Land Assessment
$204,561 CAD
Improvements Assessment
$341,671 CAD
Total Assessment
$546,232 CAD
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Thayer Dr Retail Strip Center | 1217 Thayer Dr
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