Third-Floor Office
New
For Sale
Contact for pricing
400 Columbia Point Dr, Richland, WA 99352
Finished workspace occupies part of an elevator-served professional building with on-site parking.
Property Size3,004 SF
Price / SF$0.01
Days on Market3
Property Features for 400 Columbia Point Dr
General Information
Standard status
Active
Size
3,004 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Other
Zoning
Commercial Office
Additional Details
Floor
3
Building Details
Building Size
3,004 SF
Year Built
2008
Listing Agency:
Coldwell Banker Tomlinson
Listed By:
Travis Davis · License #10810
(509) 786-9456
Source:
Commercialcafe
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:05AM
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 Coldwell Banker Tomlinson
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Investment Insights
Based on property information with market context.
This finished office suite comprises approximately 3,004 square feet on the third floor of a professional building constructed in 2008. Building amenities include an elevator and on-site parking, with one covered space assigned to the suite.
The property is at 400 Columbia Point Drive in Richland, with access from George Washington Way. Commercial Office zoning is noted for the site.
The property is at 400 Columbia Point Drive in Richland, with access from George Washington Way. Commercial Office zoning is noted for the site.
Key Highlights
- Approximately 3,004 square feet of finished office space
- Third‑floor suite in a building with elevator service
- On‑site parking includes 31–40 spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,112
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,240
$922.2K
Cap Rate 7%
$658,743
$658.7K
Cap Rate 9%
$512,356
$512.4K
Market Conditions
NOI Build-Up for 3,004 SF
Gross rent
$66.0K $21.96/SF
− Vacancy
−$4.5K −$1.49/SF
EGI
$61.5K $20.47/SF
− OpEx
−$15.4K −$5.12/SF
NOI
$46.1K $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%
$922,240
Cap Rate 7%
$658,743
Cap Rate 9%
$512,356
Alternative Uses
Best Use
Office B
$658.7K
$576.4K – $768.5K
NOI $46,112 @ 7.0% cap · market cap 192,133.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.2K
$729.1K – $972.1K
NOI $58,324 @ 7.0% cap · market cap 243,016.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Explore this area
Business Placement
Demographics for 99352, WA
35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Finished workspace occupies part of an elevator-served professional building with on-site parking.
Where is this office units located?
The property is located at 400 Columbia Point Dr Richland, WA.
What are key features of this property?
This property features: Approximately 3,004 square feet of finished office space; Third‑floor suite in a building with elevator service; On‑site parking includes 31–40 spaces
