For Sale $1,600,000
Property Type Industrial - Warehouse/Distribution
Property Size 6,600 SF
Lot Size 1 Acre
Property Tenancy Multi-Tenant
Year Built 1993
Date Updated Apr 23, 2024
HVAC None

Just off the intersection at Duportail/Stevens, right behind Cora's E Bikes on Wellsian Way.100% Occupied and with all new leases, 401 Wellsian Way in Richland is a great investment opportunity. Get the benefit of the full 5 years of lease term with annual increases built into the leases. Fully leased investment. New tenants, 5 year leases on each with 3% annual escalations in the rents.This is a great location and a great shop/warehouse space for lease in Richland. This space features 4 overhead doors, free span layout with 4,000 sf on the main level and an 800 sf mezzanine for storage or an office included. Heated and Cooled.

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Attachments

SVN - OM/Proposal/BOV (L) (PDF) opens in new window

Highlights

Fully Leased
New 5 Year Terms
3% Annual Rent Increases
6.45% Cap Rate

Contacts

Rob Ellsworth

SVN | Retter & Company

(509) 430-2378

Location

Getting Around

Walk Score ®
62/100 Somewhat Walkable
Transit Score ®
42/100 Some Transit
Bike Score ®
56/100 Bikeable

Map
Street

City Richland, WA
Neighborhood Richland
Zip Code 99352
Market Tri Cities

Points of Interest

Pasco

9.74 miles

Shell

1.16 miles
Shell

1.32 miles
Exxon

1.53 miles
Chevron

1.65 miles
7-Eleven

1.73 miles
Maverik

1.95 miles
Chevron

2.17 miles
Pacific Pride

2.22 miles
Conoco

2.80 miles
Conoco

2.90 miles

Lewis and Clark Elementary School Parking Lot

0.38 miles
Chamna West

0.82 miles
Chamna

0.98 miles
Tulip Lane Park & Ride

1.34 miles
Chamna East

1.43 miles
Ben-Franklin Transit Park & Ride Lot

1.92 miles
Yakima Delta

2.09 miles
Badger Mtn East

2.35 miles
Park and Ride

3.18 miles
Columbia Park West Marina

3.85 miles

Subway

0.41 miles
Zip's Drive-in

0.49 miles
Apollo Greek Restraunt

0.55 miles
Chapala Express

0.55 miles
Three Margaritas

0.57 miles
McDonald's

0.60 miles
Baan Khun Ya (BKY) Thai

0.70 miles
Sterlings

0.89 miles
Wendy's

0.92 miles
Burger King

0.96 miles

Fred Meyer

0.46 miles
WinCo Foods

1.12 miles
Asian Market and Lotus Snackbar

1.33 miles
Walmart Supercenter

1.40 miles
Target

1.50 miles
Leyte Oriental Store

1.53 miles
Grocery Outlet

1.63 miles
Big Lots

2.06 miles
Highland Organic Market

2.11 miles
Safeway

2.13 miles

Richland Police Department

0.82 miles
Kadlec Regional Medical Center

0.89 miles
Tri-City Regional Surgery Center

0.93 miles
Health First Urgent Care

0.96 miles
Richland Fire Department

0.97 miles
Kadlec Clinic

0.98 miles
Kadlec Primary Care Clinic

1.02 miles
Tri-Cities Vein and Vascular Institute

1.10 miles
Richland Fire Department 74

1.25 miles
Walmart Pharmacy

1.39 miles

Frequently Asked Questions

What is the lease rate for Richland Leased Investment?

Rental asking rate at Richland Leased Investment is $800,000.00/YR.

What is the total square footage of Richland Leased Investment?

Richland Leased Investment totals 6,600 square feet.

When was this property built?

Richland Leased Investment was built in 1993.

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