Build-to-Suit Flex
For Sale
Contact for pricing
2075 N Commercial Ave - Stes A & B # B Unit A & B, Pasco, WA 99336
Planned improvements combine clear-span warehouse space with truck access and dock wells.
Property Size22,000 SF
Days on Market2073
Property Features for 2075 N Commercial Ave - Stes A & B # B Unit A & B
General Information
Standard status
Active
Size
22,000 SF
Property subtype
COMMERCIAL
Warehouse & Industrial
Clear Span
Yes
Dock-High Doors
2
Additional Details
Outdoor Storage
Yes
Property Use
Shop/Warehouse
Taxes and HOA fees
Annual Taxes
$2,115
Building Details
Building Size
22,000 SF
Year Built
2022
Listing Agency:
Tippett Company of Washington
Listed By:
Kirt Shaffer · License #50402
(509) 521-9183
Source:
Desertedgerealtygroup
Added: Feb 23, 2021
Changed: Oct 26
Last Checked: Oct 26 at 2:19PM
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 Tippett Company of Washington
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.
The proposed 22,000-square-foot flex building is designed as a shop and warehouse, with a clear-span interior and 20-foot eave height. Planned features include four truck doors, two dock wells, sprinkler protection, and a variable amount of laydown yard. The project is build-to-suit, with construction specified for 2022.
The property is in Columbia East Business Park in Pasco, Washington. Its combination of warehouse area, loading features, and yard space is part of the planned configuration.
The property is in Columbia East Business Park in Pasco, Washington. Its combination of warehouse area, loading features, and yard space is part of the planned configuration.
Key Highlights
- 22,000‑square‑foot build‑to‑suit shop and warehouse
- 20‑foot eave height with clear‑span interior
- Four truck doors and two dock wells
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,175
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,583,500
$2.6M
Cap Rate 7%
$1,845,357
$1.8M
Cap Rate 9%
$1,435,278
$1.4M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$198.0K $9.00/SF
− Vacancy
−$13.5K −$0.61/SF
EGI
$184.5K $8.39/SF
− OpEx
−$55.4K −$2.52/SF
NOI
$129.2K $5.87/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,583,500
Cap Rate 7%
$1,845,357
Cap Rate 9%
$1,435,278
Alternative Uses
Best Use
Flex RnD
$2.49M
$2.18M – $2.91M
NOI $174,414 @ 7.0% cap · market cap 17,441,400.00%
Second Best
Warehouse
$1.97M
$1.72M – $2.29M
NOI $137,568 @ 7.0% cap · market cap 13,756,800.00%
Theoretical Best
Office A
$6.10M
$5.34M – $7.12M
NOI $427,139 @ 7.0% cap · market cap 42,713,900.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Planned improvements combine clear-span warehouse space with truck access and dock wells.
Where is this flex space located?
The property is located at 2075 N Commercial Ave - Stes A & B # B Unit A & B Pasco, WA.
What are key features of this property?
This property features: 22,000‑square‑foot build‑to‑suit shop and warehouse; 20‑foot eave height with clear‑span interior; Four truck doors and two dock wells
