Log In/Sign Up
Your email has been sent.
6627 Burden Blvd 20,217 SF 100% Leased Retail Building Pasco, WA 99301 $11,998,720 CAD ($593.50 CAD/SF) 6.22% Cap Rate
EXECUTIVE SUMMARY
PRICE REDUCED TO $8,600,000. MOTIVATED SELLER.
Two retail property assemblage, totaling 20,217 RSF, located on Burden Blvd, right next to Rd 68 in Pasco, WA.
First property address is 6605 Burden Blvd (built 2011), the second property address is 6627 Burden Blvd (built 2017). The two buildings are located on separate parcels, adjacent to one another. Both properties are being sold as one, portfolio transaction.
Both are at 100% occupancy with strong cash flow, all NNN leases, annual rent bumps, and excellent street frontage with oversized parking including back parking for employees. Property has been well managed and maintained (no deferred maintenance) by a professional property management team.
Combined NOI for both buildings is $535,051.
Please email listing broker for additional information.
Two retail property assemblage, totaling 20,217 RSF, located on Burden Blvd, right next to Rd 68 in Pasco, WA.
First property address is 6605 Burden Blvd (built 2011), the second property address is 6627 Burden Blvd (built 2017). The two buildings are located on separate parcels, adjacent to one another. Both properties are being sold as one, portfolio transaction.
Both are at 100% occupancy with strong cash flow, all NNN leases, annual rent bumps, and excellent street frontage with oversized parking including back parking for employees. Property has been well managed and maintained (no deferred maintenance) by a professional property management team.
Combined NOI for both buildings is $535,051.
Please email listing broker for additional information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
20,217 SF
Building Class
C
Year Built
2011
Price
$11,998,720 CAD
Price Per SF
$593.50 CAD
Cap Rate
6.22%
NOI
$746,503 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
1.09 AC
Frontage
188’ on Burden Blvd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 116-271-016 | Improvements Assessment | $2,811,310 CAD |
| Land Assessment | $800,705 CAD | Total Assessment | $3,612,015 CAD |
PROPERTY TAXES
Parcel Number
116-271-016
Land Assessment
$800,705 CAD
Improvements Assessment
$2,811,310 CAD
Total Assessment
$3,612,015 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
6627 Burden Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.