Queensgate Retail Center

 Richland, WA

Asking Price


Cap Rate



Year Built






Square Feet

12,000 SF


High Traffic & Visibility

100K VPD

For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.


  • Premium Retail Corridor with High Traffic & Visibility: The Property is situated in a heavy retail corridor and is directly adjacent to several major big box shopping centers featuring Walmart Supercenter, Target, Home Depot, and other national retailers, providing additional traffic and visibility for the site. The center is positioned near the intersection of Highway WA-240 and I-182/US Hwy 12, two of the busiest highways in the Tri-Cities region, achieving over 100k VPD.
  • 100% Occupied with Service Oriented Retail: The Property is a fully stabilized retail center with a complementary mix of medical and national service brands, including a drive-thru Subway, Cosmoprof Beauty, and Kadlec ExpressCare medical services. Strategically placed, service-oriented retail centers have outperformed conventional retail centers over the past five years.
  • Staggered Lease Expirations: Attractive mix of rollover with more than 40% of tenants with 4+ years of term remaining, allowing for Landlord flexibility to adjust to growing market lease rates.
  • Healthcare Facilities Hub: The Tri-Cities region is home to several healthcare facilities, including Kadlec Regional Medical Center, just two miles from the subject property.
  • Explosive Area Growth: Since 2000, the population has increased by more than 54%, making it one of the fastest-growing cities in the United States and Pacific Northwest.  
  • Income Tax-Free State: Washington is an income tax-free state.

Exclusively Listed By

Sean Tufts

Managing Director      206.693.3352
WA Lic. #74057

Kevin Adatto

Managing Director      503.675.7726
WA Lic. #21038208

Joe Dugoni

Associate      206.693.3329
WA Lic. #21001346


130 Nickerson St | Suite 200
Seattle, WA 98109