Professional Office
For Sale
Contact for pricing
3160 George Washington Way, Richland, WA
Commercial Sale, Richland, WA
Property Size5,200 SF
Lot Size1.57 Acres
Price / SF$0.00
Days on Market1410
Property Features for 3160 George Washington Way
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMCL OFFICE
Parking
21
Directions
Corner of 9th and Port of Benton Blvd
Standard status
Active
APN
***
Lot size
1.57 Acres
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
13534
Building Details
Year built
1953
Listing Agency:
SVN Retter & Company
(509) 737-9429
Listed By:
Rob Ellsworth · License ##17790
(509) 430-2378
Added: Dec 8, 2022
Changed: Oct 7
Last Checked: Oct 18 at 10:06AM
MLS# 265747
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The Sigma III building provides 5,200 square feet of professional office space within a configuration of individual offices and open work areas. Shared restrooms and common corridors serve the suites, while existing occupants include Lucas Engineering and Fluor Federal Services. The property was built in 1953 and carries COMMCL OFFICE zoning.
Located at 3160 George Washington Way in Richland, the building is within the Richland Research and Technology Park. The property is positioned near the Hanford DOE Site and PNNL, providing a workplace setting connected to those established research and technology facilities. The site encompasses 1.57 acres in Benton County.
Located at 3160 George Washington Way in Richland, the building is within the Richland Research and Technology Park. The property is positioned near the Hanford DOE Site and PNNL, providing a workplace setting connected to those established research and technology facilities. The site encompasses 1.57 acres in Benton County.
Key Highlights
- 5,200 square feet of professional office space
- Mix of individual offices and open work areas
- Shared restrooms and corridors serve the office layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,820
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,400
$1.6M
Cap Rate 7%
$1,140,286
$1.1M
Cap Rate 9%
$886,889
$886.9K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$114.2K $21.96/SF
− Vacancy
−$7.8K −$1.49/SF
EGI
$106.4K $20.47/SF
− OpEx
−$26.6K −$5.12/SF
NOI
$79.8K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,400
Cap Rate 7%
$1,140,286
Cap Rate 9%
$886,889
Alternative Uses
Best Use
Office B
$1.14M
$997.8K – $1.33M
NOI $79,820 @ 7.0% cap · market cap 665,166.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,960 @ 7.0% cap · market cap 841,333.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
44
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Private offices and open work areas support varied professional workplace configurations.
Where is this office units located?
The property is located at 3160 George Washington Way Richland, WA.
What are key features of this property?
This property features: 5,200 square feet of professional office space; Mix of individual offices and open work areas; Shared restrooms and corridors serve the office layout
