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8318 Gage Blvd
Kennewick, WA 99336
Retail Property For Sale
Executive Summary
Excellent multi tenant retail investment property with very successful, long term restaurant tenant anchor. This property is in the heart of a major Kennewick retail artery, next to the Columbia Center Mall, Costco, Olive Garden, AMC movie theatre, and much more. With one suite currently available for lease, this property could serve as an owner occupied investment with strong upside.
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
$2,495,535 CAD
Price Per SF
$277.28 CAD
Cap Rate
6.22%
NOI
$155,222 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.58 AC
Zoning
Commercial General - Commercial District
Property Taxes
| Parcel Number | 130994000013002 | Improvements Assessment | $821,311 CAD |
| Land Assessment | $311,807 CAD | Total Assessment | $1,133,117 CAD |
Property Taxes
Parcel Number
130994000013002
Land Assessment
$311,807 CAD
Improvements Assessment
$821,311 CAD
Total Assessment
$1,133,117 CAD
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