NNN Retail Storefront
For Sale
Contact for pricing
75 Columbia Point Drive, Richland, WA 99352
For sale NNN retail storefront leased to Big 5 Sporting Goods.
Property Size11,040 SF
Price / SF$271.74
Days on Market194
Property Features for 75 Columbia Point Drive
General Information
Standard status
Active
Size
11,040 SF
Property subtype
Retail, Business for Sale
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Net Operating Income
$207,540
Building Details
Year Built
2003
Units
41
Tenancy
Single
Listing Agency:
Northmarq
Listed By:
Sean Mack · License #OR 990100161
Source:
Crexi
Added: Apr 11
Changed: Oct 2
Last Checked: Oct 20 at 9:28PM
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 Northmarq
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.
This for-sale NNN retail storefront property is leased to Big 5 Sporting Goods. The asset is presented as a net lease structure, aligning with investors seeking an income-oriented retail holding.
The property is located at 75 Columbia Point Dr in Richland, Washington. Public remarks describe the site as being in a high-traffic location; specific traffic counts or frontage details are not provided in the available information.
As configured and marketed, this is an investment-focused retail space under an NNN arrangement with an established national sporting goods operator as the tenant. Please review available lease terms and offering materials for details on the net lease structure and the current lease maturity.
The property is located at 75 Columbia Point Dr in Richland, Washington. Public remarks describe the site as being in a high-traffic location; specific traffic counts or frontage details are not provided in the available information.
As configured and marketed, this is an investment-focused retail space under an NNN arrangement with an established national sporting goods operator as the tenant. Please review available lease terms and offering materials for details on the net lease structure and the current lease maturity.
Key Highlights
- NNN retail storefront for sale
- Leased to Big 5 Sporting Goods
- Located in a high‑traffic location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,923
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,598,460
$2.6M
Cap Rate 7%
$1,856,043
$1.9M
Cap Rate 9%
$1,443,589
$1.4M
Market Conditions
NOI Build-Up for 11,040 SF
Gross rent
$198.7K $18.00/SF
− Vacancy
−$13.1K −$1.19/SF
EGI
$185.6K $16.81/SF
− OpEx
−$55.7K −$5.04/SF
NOI
$129.9K $11.77/SF
Area
Benton County, WA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,598,460
Cap Rate 7%
$1,856,043
Cap Rate 9%
$1,443,589
Alternative Uses
Best Use
Retail
$1.86M
$1.62M – $2.17M
NOI $129,923 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,346 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
158k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Dining 27%
Shops & Services 15%
Apparel 3%
WinCo Foods
Groceries
82,246 visits/mo
0.1 miles
Dollar Tree
Shops & Services
19,161 visits/mo
0.1 miles
Jack in the Box
Dining
17,277 visits/mo
0.1 miles
Starbucks
Dining
14,621 visits/mo
0.1 miles
Applebee's
Dining
10,821 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - For sale NNN retail storefront leased to Big 5 Sporting Goods.
Where is this storefront property located?
The property is located at 75 Columbia Point Drive Richland, WA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: NNN retail storefront for sale; Leased to Big 5 Sporting Goods; Located in a high‑traffic location
