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814 Comstock St 5,784 SF Retail Building Richland, WA 99352 $1,833,300 CAD ($316.96 CAD/SF) 7.94% Cap Rate
Executive Summary
MLS#287700 Just Listed. Rare Investment Opportunity. Well established long standing daycare/education center in Richland. Property is well maintained and is at full capacity. Owner of daycare is in absolute NNN lease with 9 years remaining. Daycare has multiple locations with several in TriCities, Yakima and Ellensburg. Building has 3 offices, 4 large classrooms with separate doors to large secure outdoor play area, 1 main restroom and 3 kids restrooms, and large kitchen. Parking for employees and pick up drop off area. Business is in operation so please contact broker for more information or showings.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,784 SF
Building Class
C
Year Built
1960
Price
$1,833,300 CAD
Price Per SF
$316.96 CAD
Cap Rate
7.94%
NOI
$145,564 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.21 AC
Zoning
Misc Commercial
Parking
7 Spaces (1.21 Spaces per 1,000 SF Leased)
Frontage
168’ on Comstock Street
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $582,535 CAD | |
| Land Assessment | $205,065 CAD | Total Assessment | $787,600 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$205,065 CAD
Improvements Assessment
$582,535 CAD
Total Assessment
$787,600 CAD
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814 Comstock St
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