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    1084 George Washington Way Richland, WA 99352

    For Sale
    Contact for pricing

    High-traffic location, 1.74 acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    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.

    Property Features for 1084 George Washington Way

    General Information

    Property type
    Retail properties
    Lot Size
    75,794 SF

    Building Details

    Year Built
    2019
    Property Profile Location Intelligence

    Current Use by Public Records

    Pedego Electric Bikes ... Bicycle Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Benton
    State
    Washington
    Longitude
    -119.2728
    Latitude
    46.28221

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 1.74 acres
    Where is this retail property located?
    The property is located at 1084 George Washington Way Richland, WA.
    What is the asking price?
    The asking price for this property is $22.
    (509) 737-9429
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    1084 George Washington Way Richland, WA 99352
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    Richland, WA 99352
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1084 George Washington Way Richland, WA 99352
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