75 Columbia Point Dr - Storefront FOR SALE


Richland, WA 99352
$3,000,000 USD
503-957-7945
75 Columbia Point Dr, Richland, WA for Sale
$3,000,000 USD
Storefront - FOR SALE
1/4
null | 6.92% Cap Rate

75 Columbia Point Dr
Richland, WA 99352


HIGHLIGHTS

  • NNN lease to Big 5 Corp. (NASDAQ: BGFV)
  • High-traffic shopping center with WinCo Foods and Dollar Tree in-line and Starbucks, Jack in the Box, and Applebee’s outparcels.
  • Big 5 Sporting Goods has operated at this location since construction in 2003.
  • Excellent visibility and access from George Washington Way and the SR 240/I82 full interchange with daily traffic counts of 42,000 vehicles.
  • Premier sporting goods location adjacent to the Columbia Point Golf Course, Richland Yacht Club, and Columbia River boat ramp.
  • Strong Tri-Cities location. The population within a 5-mile radius of the Property has increased over 37% since 2010.

OVERVIEW

The Offering is a NNN-leased Big 5 Sporting Goods (NASDAQ: BGFV), positioned within a high-traffic shopping center anchored by WinCo Foods and Dollar Tree, with Starbucks, Jack in the Box, and Applebee’s outparcels. Big 5 has operated at this site since its original construction in 2003, highlighting its long-term commitment to the location. The Property benefits from excellent visibility and access via George Washington Way and the SR 240/I-82 full interchange, with combined daily traffic counts exceeding 42,000 vehicles. It is ideally situated adjacent to key recreational amenities including the Columbia Point Golf Course, Richland Yacht Club, and the Columbia River boat ramp, reinforcing its position as a premier sporting goods destination. Located in the heart of Washington’s rapidly growing Tri-Cities region, the surrounding 5-mile radius population has grown over 37% since 2010. The area boasts strong household demographics, with over 51,000 households earning an average income of $111,000. Retail fundamentals remain robust, with submarket vacancy for comparable properties at just 0.7%, supporting long-term tenant stability and potential rent growth.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

6.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Big 5 Sporting Goods

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

42,000 SF

ZONING

-

APN/PARCEL ID

113983BP2892010

ASK ABOUT THIS PROPERTY

Sean MackNorthmarqMore Info
503-957-7945

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sean MackNorthmarqMore Info
503-957-7945

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.