Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    404 Bradley Blvd Richland, WA 99352

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $26 SF/Yr

    Class A office/retail space in Richland's waterfront area.

    Property size:
    31,860 SF
    Lot size:
    31,860 SF

    Property Features for 404 Bradley Blvd

    General Information

    Size
    31,860 SF

    We can help!

    Listing Contact
    Aaron Rowe
    Source: Svn

    Listing Agency: Retter & Company Sotheby's International Realty Listing Agent: Aaron Rowe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Premier Waterfront Office/Retail Space

    This Class A office/retail space is situated in a premier waterfront location in Richland. The property is located just off George Washington Way and overlooks the Columbia River. It offers a balanced mix of established businesses and professionals. The location provides easy access and a central location. The property features plenty of parking and curb appeal. The property has a village/campus feel, common bathrooms and elevators. The property size is 31860 square feet. The lease is full service, with all utilities included except for telephone, janitorial services, and internet within the suite.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mckensie Cleavenger Marriage Or Relationship Counselor The Bradley Restaurant Velma Johnson Alternative Medicine Practice Energetic Genetics Alternative Medicine Practice Enlightened Psychiatry / Christina ... Physician

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Benton
    State
    Washington
    Longitude
    -119.2693085
    Latitude
    46.2710662

    Nearby Similar for Lease

    • $13 SF/Yr
      6,160 SF

      Office/Retail Space in Richland

      Office/retail space available in November, located off Wright Ave.
      415 Wright Ave, Richland, WA 99352
      View Details
    • $13 SF/Yr
      4,000 SF

      Warehouse with Office in Richland

      4,000 SF warehouse with office space for lease.
      2510 Aileron Ln, Richland, WA 99354
      View Details
    • $15 SF/Yr
      3,840 SF

      Former Restaurant Space Available

      Restaurant and office spaces available for lease in Richland.
      800 Dalton St, Richland, WA 99354
      View Details
    • $17 SF/Yr
      1,400 SF

      New Retail/Office Space Available

      Brand new retail/office suites in rapidly growing business park.
      2385 Robertson Dr, Richland, WA 99354
      View Details
    • $14 SF/Yr
      3,831 SF

      Office and Showroom Space Available

      Office and showroom space for lease in Richland, Washington.
      2381 Robertson Dr, Richland, WA 99354
      View Details
    • $35 SF/Yr
      9,086 SF

      New Office/Retail Space Available

      New Class A building with customizable office/retail spaces for rent.
      460 Keene Rd, Richland, WA 99352
      View Details
    • $950 /Mo

      Professional Office Suite For Rent

      Single executive suite with utilities included and new interior.
      1491 Tapteal Dr, Richland, WA 99352
      View Details
    • $650 /Mo

      Richland Waterfront District Office Space

      Small, private office spaces available in multi-tenant building.
      1212 Columbia Park Trl, Richland, WA 99352
      View Details
    • $12 SF/Yr
      40,000 SF

      Richland Office and Warehouse Spaces

      Office and warehouse spaces for lease in North Richland.
      2940 George Washington Way, Richland, WA 99354
      View Details
    • $20 SF/Yr
      840 SF

      Retail Space on Jadwin Avenue

      End cap retail space available on signaled corner.
      1301 Jadwin Ave, Richland, WA 99354
      View Details
    • $19 SF/Yr
      2,608 SF

      Office/Retail Space Near Hanford Site

      2,608 SF office/retail space with ample parking available for lease.
      800-808 Dalton St, Richland, WA 99352
      View Details
    • $5,500 /Mo
      4,500 SF

      Versatile Space in Richland, WA

      Move-in ready space suitable for retail, gym, or office.
      1412-1422 Jadwin Ave, Richland, WA 99354
      View Details

    FAQs

    What type of property is this?
    Office units - Class A office/retail space in Richland's waterfront area.
    Where is this office units located?
    The property is located at 404 Bradley Blvd Richland, WA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Premier waterfront location overlooking the Columbia River.; - Class A office/retail space with curb appeal.; - Full Service Lease (all utilities included except telephone, janitorial, and internet).
    (509) 308-1401
    Request Owner's contact information
    404 Bradley Blvd Richland, WA 99352
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    404 Bradley Blvd
    Richland, WA 99352
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    404 Bradley Blvd Richland, WA 99352
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Aaron Rowe
    Real Estate License ID: 100550
    (509) 308-1401 (509) 737-9429
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!