Flex Space with Laydown
For Sale
Contact for pricing
2380 Lindberg Loop, Richland, WA 99354
The suite pairs office or retail space with warehouse area and a fenced outdoor yard.
Property Size4,000 SF
Price / SF$0.44
Days on Market69
Property Features for 2380 Lindberg Loop
General Information
Standard status
Active
Size
4,000 SF
Property subtype
COMMERCIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
750 SF
Office Build-Out
250 SF
Additional Details
Property Use
Warehouse
Building Details
Building Size
4,000 SF
Year Built
2007
Listing Agency:
SVN Retter & Company
Listed By:
Scott Howell · License #131443
(509) 379-3111
Source:
Desertedgerealtygroup
Added: Aug 21
Changed: Oct 27
Last Checked: Oct 27 at 4:21AM
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 SVN Retter & Company
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Investment Insights
Based on property information with market context.
This flex suite combines office or retail space at the front with warehouse area, an ADA-compliant restroom, and a 12-by-12-foot garage door. A fenced laydown yard is included with the space. The building was completed in 2007.
The property is at Richland Airport and is near a bypass highway.
The property is at Richland Airport and is near a bypass highway.
Key Highlights
- Fenced laydown yard included
- 12' x 12' garage door
- Front office or retail area with warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,486
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,720
$469.7K
Cap Rate 7%
$335,514
$335.5K
Cap Rate 9%
$260,956
$261.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$36.0K $9.00/SF
− Vacancy
−$2.4K −$0.61/SF
EGI
$33.6K $8.39/SF
− OpEx
−$10.1K −$2.52/SF
NOI
$23.5K $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%
$469,720
Cap Rate 7%
$335,514
Cap Rate 9%
$260,956
Alternative Uses
Best Use
Flex RnD
$453.0K
$396.4K – $528.5K
NOI $31,712 @ 7.0% cap · market cap 1,812.11%
Second Best
Warehouse
$357.3K
$312.7K – $416.9K
NOI $25,012 @ 7.0% cap · market cap 1,429.26%
Theoretical Best
Office A
$1.11M
$970.8K – $1.29M
NOI $77,662 @ 7.0% cap · market cap 4,437.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99354, WA
24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - The suite pairs office or retail space with warehouse area and a fenced outdoor yard.
Where is this flex space located?
The property is located at 2380 Lindberg Loop Richland, WA.
What are key features of this property?
This property features: Fenced laydown yard included; 12' x 12' garage door; Front office or retail area with warehouse space
