MOTIVATED SELLER. MAKE AN OFFER.
Two retail property assemblage, totaling 20,217 RSF, located on Burden Blvd, right next to Rd 68 in Pasco, WA.
First property address is 6605 Burden Blvd (built 2011), the second property address is 6627 Burden Blvd (built 2017). The two buildings are located on separate parcels, adjacent to one another. Both properties are being sold as one, portfolio transaction.
Both are at 100% occupancy with strong cash flow, all NNN leases, annual rent bumps, and excellent street frontage with oversized parking including back parking for employees. Property has been well managed and maintained (no deferred maintenance) by a professional property management team.
Combined NOI for both buildings is $535,051. Pricing guidance is at 6% CAP.
Broker Co-Op offered is 1.25%.
Please email listing broker for additional information. Full OM provided upon execution of an NDA.