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$2,700,000
Est. payment /mo
6,993 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,993 sqft
Price per Sqft $386
MLS Listing ID 280259
HOA Y/N No
Year Built 2006
Annual Tax Amount $2,024
Lot Size 2.230 Acres
Acres 2.23
Property Description
MLS# 280259 Located in the thriving West Pasco, this 6,993 SF commercial property is a prime investment opportunity. Fully leased to a long-standing tenant at $16,500 per month NNN lease, the property offers stable income with a 6.57% cap rate. The property's design provides future flexibility, allowing for division into smaller suites for multi-tenant occupancy if needed. As a condo, it benefits from shared costs for exterior capital improvements, reducing owner responsibility. West Pasco's ongoing growth and the property's strategic location make this an excellent addition to any portfolio, this asset combines immediate returns with long-term potential.
Location
State WA
County Us
Interior
Inclusions Condo
Exterior
Parking Features 41 - 50 Spaces
Others
Acceptable Financing Exclusive Right
Listing Terms Exclusive Right
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Listed by StrickerCRE