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Executive Summary

Torbett Business Center is a well-established retail and office strip center offering a strong tenant mix and proven rental history. The property is anchored by long-standing tenants and benefits from a prime central Richland location. This asset presents an excellent opportunity to enhance and diversify your real estate portfolio.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
8,064 SF
Building Class
C
Year Built
1975
Price
$1,392,729 CAD
Price Per SF
$172.71 CAD
Cap Rate
6.82%
NOI
$94,986 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.66 AC
Zoning
C-2

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

Allstate is a publicly held insurance company founded in 1931 as part of Sears, Roebuck and Co., and it later became an independent business. The company began with auto insurance and has since expanded into a broad protection platform that includes auto, home, renters, motorcycle, boat, landlord, condo, life, business, retirement and investment, roadside assistance, identity protection, and phone protection products. Allstate's current strategy centers on growing property-liability market share while broadening protection offerings, and the company operates reportable segments that include Allstate Protection, Run-off Property-Liability, Protection Services, and Corporate. The business also maintains insurance operations in Canada, giving the brand a presence beyond its core United States market.

  • Calvert, Jannet L Od
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Eagle Printing & Graphic Design
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Elations Massage
  • Services
  • -
  • -
  • -
  • Manufacturing
  • -
  • -
  • -

Minuteman Press began in 1973 with the first location opened in Plainview, New York, and the business later expanded into franchising in the middle of the 1970s. Minuteman Press now operates as a full-service design, print, and marketing franchise serving businesses with digital printing, graphic design, signs, banners, mailing services, and promotional products. The company also supports branded apparel and direct mail work, giving customers a broad mix of production and marketing options through local centers. Minuteman Press has grown from a quick-copy operation into a business services network built around print, design, and promotion for organizations of many types.

  • North American Engrng PLLC
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Optical Accents
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -
Calvert, Jannet L Od Health Care and Social Assistance - - -
Eagle Printing & Graphic Design Professional, Scientific, and Technical Services - - -
Elations Massage Services - - -
Manufacturing - - -
North American Engrng PLLC Professional, Scientific, and Technical Services - - -
Optical Accents Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • B
  • 1,260 SF
  • Retail
  • -
  • Now

Suite B is available and move in ready. 1,260 sf, open space with 2 restrooms and access from parking lot and Torbett.

Space Size Space Use Position Available
B 1,260 SF Retail - Now

B

Size
1,260 SF
Space Use
Retail
Position
-
Available
Now

B

Size 1,260 SF
Space Use Retail
Position -
Available Now

Suite B is available and move in ready. 1,260 sf, open space with 2 restrooms and access from parking lot and Torbett.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100

Nearby Major Retailers

Planet Fitness
Premier Martial Arts
Safeway
Columbia Bank
Denny's
Starbucks
Banner Bank
BMO

Property Taxes

Property Taxes

Parcel Number
102983020732018
Land Assessment
$291,369 CAD
Improvements Assessment
$804,663 CAD
Total Assessment
$1,096,032 CAD
  • Listing ID: 39480677

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 214 Torbett St, Richland, WA 99354

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