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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



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.
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
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 |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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
PROPERTY TAXES
| Parcel Number | 130994000013002 | Improvements Assessment | $937,044 CAD |
| Land Assessment | $183,135 CAD | Total Assessment | $1,120,179 CAD |
PROPERTY TAXES
Parcel Number
130994000013002
Land Assessment
$183,135 CAD
Improvements Assessment
$937,044 CAD
Total Assessment
$1,120,179 CAD
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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8318 Gage Blvd
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