1084 George Washington Way, Richland, WA 99352
This exceptional retail property, located at 1084 George Washington Way in Richland, Washington, presents a fantastic opportunity for a discerning business. Boasting a sizable 1.74-acre lot, this property offers significant visibility and accessibility due to its prime position on a busy thoroughfare. The building itself is currently occupied by a tenant who will vacate by the end of January 2025, making the space available for occupancy on February 1, 2025. The property benefits from excellent signage opportunities directly facing George Washington Way, ensuring high brand visibility and attracting significant foot traffic. The lease terms are structured as a Net, Net, Net (NNN) agreement, with a minimum lease term of three to five years. This provides a predictable and manageable cost structure for the tenant. The property's size and location make it ideal for a variety of retail businesses seeking a prominent presence in a thriving Richland community. Interested parties are encouraged to inquire for further details and scheduling of property viewings after the current tenant's departure. Please refrain from contacting the current tenant directly. The asking price for this exceptional retail opportunity is $22 million.
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Pedego Electric Bikes Tri-Cities (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.