Richland Leased Investment

For Sale

401 Wellsian Way, Richland, WA 99352

This Richland property for sale is located at 401 Wellsian Way. The current listed sale price for Richland Leased Investment is $1,600,000. Richland Leased Investment is situated on a lot that is 1 acre in size.

Contacts

broker

Rob Ellsworth

SVN | Retter & Company

(509) 430-2378

Property Details

  • 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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Highlights

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

Attachments

Getting around

  • 62/100

    Walk Score ®

  • 42/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Pasco

    9.74 miles

  • Fred Meyer

    0.55 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

  • Bush Car Wash

    0.66 miles

  • Bush Car Wash

    2.30 miles

  • Elephant Car Wash

    2.34 miles

  • Quality Driving Schools - West Richland

    3.04 miles

  • Mister Car Wash

    4.82 miles

  • Bush Car Wash

    5.66 miles

  • Hertz

    8.16 miles

  • Avis

    8.16 miles

  • Budget

    8.17 miles

  • National

    8.17 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rob Ellsworth

SVN | Retter & Company

(509) 430-2378