Open Retail
For Sale
Contact for pricing
103-430 George Washington Way, Richland, WA 99352
Flexible commercial suite with separately metered power and natural gas, plus water, sewer, and garbage included.
Property Size950 SF
Price / SF$2.26
Days on Market60
Property Features for 103-430 George Washington Way
General Information
Standard status
Active
Size
950 SF
Taxes and HOA fees
Annual Taxes
$23,335
Listing Agency:
EverStar Realty
(509) 735-4042
Listed By:
Mary Williams
(509) 521-0673
Source:
Exprealty
Added: Aug 18
Changed: Oct 8
Last Checked: Oct 15 at 5:10AM
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 EverStar Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This open retail and office space at 103-430 George Washington Way provides a 950-size commercial suite with a shared entry vestibule serving the neighboring insurance tenant. The property backs up to George Washington Way and is available 11-1-26.
The tenant mix includes a restaurant, fitness gym, jeweler, and insurance business. Occupancy costs include water, sewer, and garbage, while power and natural gas are separately metered to the tenant.
The tenant mix includes a restaurant, fitness gym, jeweler, and insurance business. Occupancy costs include water, sewer, and garbage, while power and natural gas are separately metered to the tenant.
Key Highlights
- Open retail and office space at 103‑430 George Washington Way
- 950 property size
- Available 11‑1‑26
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,180
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,600
$223.6K
Cap Rate 7%
$159,714
$159.7K
Cap Rate 9%
$124,222
$124.2K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$17.1K $18.00/SF
− Vacancy
−$1.1K −$1.19/SF
EGI
$16.0K $16.81/SF
− OpEx
−$4.8K −$5.04/SF
NOI
$11.2K $11.77/SF
Area
Benton County, WA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,600
Cap Rate 7%
$159,714
Cap Rate 9%
$124,222
Alternative Uses
Best Use
Office B
$208.3K
$182.3K – $243.1K
NOI $14,583 @ 7.0% cap · market cap 678.28%
Second Best
Retail
$159.7K
$139.8K – $186.3K
NOI $11,180 @ 7.0% cap · market cap 520.00%
Theoretical Best
Office A
$263.5K
$230.6K – $307.4K
NOI $18,445 @ 7.0% cap · market cap 857.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial suite with separately metered power and natural gas, plus water, sewer, and garbage included.
Where is this retail space located?
The property is located at 103-430 George Washington Way Richland, WA.
What are key features of this property?
This property features: Open retail and office space at 103‑430 George Washington Way; 950 property size; Available 11‑1‑26
