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320 N Johnson St 14,256 SF 100% Leased Office Building Kennewick, WA 99336 $2,931,432 CAD ($205.63 CAD/SF) 8.34% Cap Rate



EXECUTIVE SUMMARY
Multi tenant office complex or sale. Great occupancy with
extensive property improvements over the last 3 years. Exterior
was updated and painted, all the roof top HVAC units have been
replaced, extensive landscaping has been done and shows very
well. Tenant spaces have been remodeled as tenants have turned
over. Most o the spaces have had the restrooms remodeled,
interior paint and looring as well. Most o the lease rates are below
market rate. Tenants pay a shared utility cost. 63 on-site parking
spaces. Situated on 1.17 acres, centrally located in Kennewick just
off Clearwater and Highway 395.
extensive property improvements over the last 3 years. Exterior
was updated and painted, all the roof top HVAC units have been
replaced, extensive landscaping has been done and shows very
well. Tenant spaces have been remodeled as tenants have turned
over. Most o the spaces have had the restrooms remodeled,
interior paint and looring as well. Most o the lease rates are below
market rate. Tenants pay a shared utility cost. 63 on-site parking
spaces. Situated on 1.17 acres, centrally located in Kennewick just
off Clearwater and Highway 395.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
14,256 SF
Building Class
B
Year Built
1978
Price
$2,931,432 CAD
Price Per SF
$205.63 CAD
Cap Rate
8.34%
NOI
$244,481 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,256 SF
Building FAR
0.28
Lot Size
1.17 AC
Zoning
CC
Parking
70 Spaces (4.91 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Smile-A-Mile Painting
- Construction
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Smile-A-Mile Painting | Construction | - | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 134994090000010 | Improvements Assessment | $1,600,833 CAD |
| Land Assessment | $258,087 CAD | Total Assessment | $1,858,920 CAD |
PROPERTY TAXES
Parcel Number
134994090000010
Land Assessment
$258,087 CAD
Improvements Assessment
$1,600,833 CAD
Total Assessment
$1,858,920 CAD
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320 N Johnson St
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