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8318 Gage Blvd 9,000 SF 76% Leased Retail Building Kennewick, WA 99336 $2,687,146 CAD ($298.57 CAD/SF) 6.20% Cap Rate

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EXECUTIVE SUMMARY

An excellent fully leased retail strip center on Gage Blvd in Kennewick. This offering boasts a long time anchor tenant in Bankok Thai Restaurant and has a strong rental history. Strong tenant mix and an opportunity to grow the rents in a short time frame.
The owner has recently replaced the roof as well as an HVAC unit.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,000 SF
Building Class
B
Year Built
1977
Price
$2,687,146 CAD
Price Per SF
$298.57 CAD
Cap Rate
6.20%
NOI
$166,483 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.58 AC
Zoning
Commercial General - Commercial District

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • F
  • 2,145 SF
  • Retail
  • End Cap
  • Now

Incredible move in ready space on Gage Blvd just a stones throw from Columbia Center! An excellent layout with both private offices, open spaces and a large reception area. Great for office, retail or a hybrid of each.

Space Size Space Use Position Available
F 2,145 SF Retail End Cap Now

F

Size
2,145 SF
Space Use
Retail
Position
End Cap
Available
Now

F

Size 2,145 SF
Space Use Retail
Position End Cap
Available Now

Incredible move in ready space on Gage Blvd just a stones throw from Columbia Center! An excellent layout with both private offices, open spaces and a large reception area. Great for office, retail or a hybrid of each.

NEARBY MAJOR RETAILERS

Charles Schwab
Olive Garden
Buffalo Wild Wings
Bank of America
U.S. Bank
Starbucks
Columbia Bank
RDO Equipment Co.
Texas Roadhouse
Red Robin

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
130994000013002
Land Assessment
$183,135 CAD
Improvements Assessment
$937,044 CAD
Total Assessment
$1,120,179 CAD
  • Listing ID: 33704556

  • Date on Market: 2024-10-31

  • Last Updated:

  • Address: 8318 Gage Blvd, Kennewick, WA 99336

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