Retail    

Natural Grocers

 Kennewick, Washington

Asking Price

$5,100,000

Cap Rate

5.25%

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Expenses

Absolute NNN

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Year Built | Reno

1988 | 2023

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Square Feet

16,225 SF

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Land Area

1.5 AC

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NOI

$267,600

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Expanding Grocery Tenant | Stable Financial Growth
  • Half-mile from Vista Field Development | 1,000 units with 740K Sqft of Commercial Space
  • Property Fully Renovated at Tenant Expense | No TI Provided | 15-Year Lease
  • No Landlord Responsibilities | Fee Simple Ownership
  • 18% County Population Growth | Tri-Cities Robust Growth
  • Signalized Hard Corner | 17M Combined Annualized Traffic Count
  • Tri-Cities Main Retail Corridor | 15.4M Annual Visits
  • Financial Reporting
  • $117,358 Average Household Income | 156,113 Population
  • Income-Tax Free State

 

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

In Association With

Brian Brockman

Bang Realty
Washington Broker #27380

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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