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Professional Office Suite with Elevator
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101-a-400 Columbia Point Dr, Richland, WA 99352

Finished office accommodation with elevator access, on-site parking, and commercial office zoning.

Property Size2,025 SF
Price / SF$0.01
Days on Market294

Property Features for 101-a-400 Columbia Point Dr

General Information

Standard status Active
Size 2,025 SF
Total Parking Spaces 1
Elevators Yes
Zoning Commercial Office

Taxes and HOA fees

Annual Taxes $12,000
Listing Agency: Coldwell Banker Tomlinson
Listed By: Travis Davis · License #10810
Source: Exprealty
Added: Jan 2 Changed: Oct 8 Last Checked: Oct 23 at 7:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Tomlinson

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This professional office suite provides approximately 2,025 square feet of finished workspace within a commercial office building. Building amenities include elevator service, on-site parking, and one dedicated covered parking space for the suite. The property is identified as 101-A at 400 Columbia Point Drive in Richland, Washington, with access from George Washington Way. Available lease terms include a preferred five-year term and an NNN structure, with estimated pass-through costs stated separately from base rent.

Key Highlights

  • Approximately 2,025 square feet of finished office space
  • Professional building with elevator service
  • On‑site parking capacity of 31–40 spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,680 $621.7K
Cap Rate 7%
$444,057 $444.1K
Cap Rate 9%
$345,378 $345.4K
Market Conditions
NOI Build-Up for 2,025 SF
Gross rent
$44.5K $21.96/SF
− Vacancy
−$3.0K −$1.49/SF
EGI
$41.4K $20.47/SF
− OpEx
−$10.4K −$5.12/SF
NOI
$31.1K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,680
Cap Rate 7%
$444,057
Cap Rate 9%
$345,378

Alternative Uses

Best Use
Office B
$444.1K
$388.6K – $518.1K (±1% cap)
NOI $31,084 @ 7.0% cap · market cap 129,516.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$561.7K
$491.5K – $655.3K (±1% cap)
NOI $39,316 @ 7.0% cap · market cap 163,816.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Electrical Service Pharmacy HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Finished office accommodation with elevator access, on-site parking, and commercial office zoning.
Where is this office unit located?
The property is located at 101-a-400 Columbia Point Dr Richland, WA.
What are key features of this property?
This property features: Approximately 2,025 square feet of finished office space; Professional building with elevator service; On‑site parking capacity of 31–40 spaces
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