310 Torbett St
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310 Torbett St
12,336 SF Office Building Richland, WA 99354 £1,670,531 (£135/SF)
Investment Highlights
- Sale Price-$2,135,000
- ±12,336 SF Building on 1.11 AC (2 Tax Parcels)
- VPD - ±10,400
- Lease Rate-$17 PSF + NNN
- 50 Parking Spaces
- MLS 269529-Sale/MLS 269530-Lease
Executive Summary
MLS 269529 - SELLER OFFERING - 25-YEAR OWNER FINANCING WITH 20% DOWN. 6% INTEREST-ONLY PAYMENTS FOR THE TERM OF THE LOAN. BALANCE TO BE PAID ON OR BEFORE THE END OF THE TERM. This turnkey property consists of one freestanding building on 1.11 acres of land (2 tax parcels) located at 1514 - 1516 Jadwin Ave and 310 Torbett Street in Richland WA. Offering ± 12,336 SF (including 2,640 SF finished basement) with full medical office buildout featuring reception area, exam rooms, offices, x-ray suite storage area and restrooms. Visibility and accessibility is excellent due to a corner location and exposure along Jadwin Avenue, just north of downtown Richland and close proximity to Interstate 182 and Pasco / Kennewick.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£10,191
|
£0.83
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£10,191
|
£0.83
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £10,191 |
| Annual Per SF | £0.83 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £10,191 |
| Annual Per SF | £0.83 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,336 SF
Building Class
C
Year Built
1991
Price
£1,670,531
Price Per SF
£135
Tenancy
Single
Number of Floors
1
Typical Floor Size
12,336 SF
Slab to Slab
13 ft
Building FAR
0.26
Land Acres
1.11 AC
Zoning
Commercial
Parking
50 Spaces (4.05 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Basement
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 12,336 SF | Office | - | Now |
1st Floor
| Size |
| 12,336 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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1st Floor
| Size | 12,336 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 102983020732044 | Total Assessment | £1,096,619 |
| Land Assessment | £239,461 | Annual Taxes | £10,191 (£0.83/sf) |
| Improvements Assessment | £857,158 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
102983020732044
Land Assessment
£239,461
Improvements Assessment
£857,158
Total Assessment
£1,096,619
Annual Taxes
£10,191 (£0.83/sf)
Tax Year
2023
-
Todd Sternfeld -
NAI Tri-Cities Commercial Real Estate
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310 Torbett St
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