MLS# 260265 Strong Anchor Tenant: Bechtel Inc. Recent renewal for 5 years Economic Anchor: Bechtel has had a 30+ year stabilizing affect in Richland as the countrys largest construction and engineering company. Government Stabilization: The federal government has committed to spending at least an additional $1.9 billion on the management and cleanup of nuclear waste including the 586 square mile Hanford Site whose ongoing work is projected through 2040.No Debt: The property is being offered free and clear of debt allowing investors the opportunity to take advantage of todays low interest rates. Below Replacement Cost: The price per square-foot is well below replacement cost. Fee Simple Land: Current ownership holds fee simple interest in the land and building. The majority of office buildings in Richland are negotiated on long-term land leases.
- Price:
- $13,050,000
- Acreage:
- 4.29
- Year Built:
- 1974
- Listing ID #:
- 260265
- Street Address:
- 450 Hills St
- City:
- Richland
- State:
- Washington
- Postal Code:
- 99354
- County:
- Benton
- Listing Status:
- Active
- Listing Type:
- COMMERCIAL/INDUSTRIAL
- Year Built:
- 1974
- Conforms To Zoning:
- Commcl Office
- Can Be Leased:
- Sale
- Days On Market:
- 305
- For Sale Or Lease?:
- For Sale
- Included In Sale:
- Na
- Originating Mls:
- Tri City
- Price Per Square Foot:
- 209.22
- Property Taxes:
- $-61,261
- Tax Year:
- 2021
- Parking Description:
- 75+ Spaces
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Todd Sternfeld of Nai Tri-Cities Commercial
