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2800 W Clearwater Ave
Kennewick, WA 99336
Retail Property For Sale
Executive Summary
Colliers is pleased to present the exclusive offering of 2800 West Clearwater Avenue in Kennewick, WA. The 14,820 SF on a 75,188 SF lot
building was built in 2006 for Walgreens. There is 56 years left of a 75 year lease, Walgreens has indicated they intend to stay long term. A
NNN Lease Base Rent is $414.999 per year. The lease includes potential for percentage rent if sales exceed a designated threshold. Masonry
construction with brick exterior. The property is zoned Commercial Community, (CC) Retail which is compliant with the use.
building was built in 2006 for Walgreens. There is 56 years left of a 75 year lease, Walgreens has indicated they intend to stay long term. A
NNN Lease Base Rent is $414.999 per year. The lease includes potential for percentage rent if sales exceed a designated threshold. Masonry
construction with brick exterior. The property is zoned Commercial Community, (CC) Retail which is compliant with the use.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
14,820 SF
Building Class
B
Year Built
2006
Price
$8,475,710 CAD
Price Per SF
$571.91 CAD
Cap Rate
6.70%
NOI
$567,873 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.39 AC
Property Taxes
| Parcel Number | 135993090003001 | Improvements Assessment | $2,900,736 CAD |
| Land Assessment | $523,463 CAD | Total Assessment | $3,424,199 CAD |
Property Taxes
Parcel Number
135993090003001
Land Assessment
$523,463 CAD
Improvements Assessment
$2,900,736 CAD
Total Assessment
$3,424,199 CAD
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