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Crane-Served Industrial Warehouse

2989 Kingsgate Way, Richland, WA 99354

For Lease
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Sublease facility combines warehouse, office and fabric-building space with a paint booth and dedicated rail spur.

Space Size31,200 SF
Lot Size9.52 Acres
Days on Market20

Property Features for 2989 Kingsgate Way

General Information

Standard status Active
Size 31,200 SF
Net Rentable 31,200 SF
Lot size 9.52 Acres
Property subtype Industrial
Lease Type NNN

Space & Availability

Available Space 31,200 SF
Contiguous Space 31,200 SF
Space Use Industrial
Sublease Yes

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Warehouse Space 24,200 SF
Office Build-Out 2,400 SF
Rail Access Yes

Additional Details

Lease Term 66 months

Spaces For Lease

at 2989 Kingsgate Way
#1 Active
Size 31,200 SF
Contact us
Listing Agency: Blacktide Real Estate Advisors
Listed By: Mike Powers · License WA #368366
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 8 at 3:57PM

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 Blacktide Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

This industrial property occupies approximately 9.52 acres and offers 31,200 square feet across a 24,200-square-foot warehouse, 2,400 square feet of office space and 4,600 square feet of fabric buildings. The warehouse is crane-served, and the site also has a commercially manufactured paint booth. A dedicated rail spur serves the facility. The sublease is structured on a NNN basis and runs through March 31, 2032.

Outdoor areas include approximately 6.71 acres of fenced, compacted gravel yard and approximately 87,000 square feet of paved area. Nearby companies include Packaging Corporation of America, Lamb Weston and Lineage Logistics. BNSF and Union Pacific service is available via Port of Benton and City of Richland rail lines.

Key Highlights

  • 31,200 square feet across warehouse, office and fabric buildings
  • 24,200‑square‑foot crane‑served warehouse
  • Approximately 9.52 acres, including 6.71 acres of fenced, compacted gravel yard

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hooks Crane Service Construction Company WHECO Lift Equipment ... Factory Skyline Machinery Sales, ... Building Supply

Suggested Use

Top Pick Real Estate Agency Plumbing Service Big Box & Wholesale Store Building Supply Catering Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Lease Benchmarks for Richland, WA

$16 /SF/Yr
Avg Asking Price
$12–$21 /SF/Yr
Price Range
11,871 SF
Avg Space Size

Properties on Market for Warehouses in Richland

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Home Run Self Storage — 2701 Kingsgate Way, Richland, WA 99354
  • Lineage — 2800 Polar Way, Richland, WA 99354

Frequently Asked Questions

What type of property is this?
Warehouse - Sublease facility combines warehouse, office and fabric-building space with a paint booth and dedicated rail spur.
Where is this warehouse located?
The property is located at 2989 Kingsgate Way Richland, WA.
What are key features of this property?
This property features: 31,200 square feet across warehouse, office and fabric buildings; 24,200‑square‑foot crane‑served warehouse; Approximately 9.52 acres, including 6.71 acres of fenced, compacted gravel yard
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