Flex Space With Fenced
For Sale
Contact for pricing
112 Wellsian Way, Richland, WA 99352
Two leased suites are paired with a separately fenced parcel offering secure outdoor storage or parking potential.
Property SizeContact for details
Days on Market144
Property Features for 112 Wellsian Way
General Information
Standard status
Active
Property subtype
Industrial, Business for Sale
Net Operating Income
$155,000
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Cap Rate
6.7%
Building Details
Tenancy
Multi
Listing Agency:
Kiemle Hagood
(509) 438-6260
Listed By:
David Fritch · License #49748
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 3:15AM
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 Kiemle Hagood
Investment Insights
Based on property information with market context.
This flex property includes two occupied commercial suites leased to Craftsman Cabinets & Flooring and Doggie Details. The suites contain 14,423 SF and 3,381 SF, respectively, with both leases structured for five years and offering extension options. Craftsman Cabinets & Flooring has operated at the property since 1983.
A second fenced parcel, identified as parcel 114983020406032, is included in the sale. The additional land is described for secure laydown and parking or possible development use. The property is located at 112 Wellsian Way in Richland, Washington, and is offered with tenants in place. The stated 6.7% CAP Rate is based on reported NOI of 155k.
A second fenced parcel, identified as parcel 114983020406032, is included in the sale. The additional land is described for secure laydown and parking or possible development use. The property is located at 112 Wellsian Way in Richland, Washington, and is offered with tenants in place. The stated 6.7% CAP Rate is based on reported NOI of 155k.
Key Highlights
- 14,423 SF leased to Craftsman Cabinets & Flooring
- 3,381 SF leased to Doggie Details
- Both leases run for 5 years with options to extend
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two leased suites are paired with a separately fenced parcel offering secure outdoor storage or parking potential.
Where is this flex space located?
The property is located at 112 Wellsian Way Richland, WA.
What are key features of this property?
This property features: 14,423 SF leased to Craftsman Cabinets & Flooring; 3,381 SF leased to Doggie Details; Both leases run for 5 years with options to extend
