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    6825 Burden Blvd Pasco, WA 99301

    Sponsored
    For Sale
    $2,875,000

    High-Cap Rate Medical Office in Pasco, WA

    Property size:
    6,993 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,993 square foot medical office building, located at 6825 Burden Blvd Suite D, Pasco, WA 99301, presents a compelling investment opportunity. Built in 2006, this single-tenant Class B property boasts a strong 7.20% capitalization rate, generating a substantial monthly net income of $16,500 under a triple-net (NNN) lease. The building is situated in the flourishing West Pasco area, benefiting from the region's ongoing growth and development. Currently fully leased, the property offers immediate cash flow and the potential for future expansion. The single-story design allows for flexibility, with the possibility of subdividing the space into smaller suites to accommodate multiple tenants if desired. As a condo, the property benefits from shared responsibility for exterior maintenance and capital improvements, minimizing owner expenses. Showings are available after 6 PM with a minimum of 48 hours' notice. This asset is an ideal addition to any investment portfolio, combining immediate returns with significant long-term potential. The property is a single-tenant, medical office space with a strong lease in place. The asking price is $2,875,000.

    Property Features for 6825 Burden Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    6,993 SF
    Class
    B

    Building Details

    Year Built
    2006
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Bunker Family Orthodontics Orthodontist Mid-Columbia Dental Dentist DaVita Mid Columbia ... Dialysis Center DaVita Mid Columbia ... Dialysis Center Dr. Spencer Greer Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasco
    County
    Franklin
    State
    Washington
    Longitude
    -119.1800441
    Latitude
    46.2710393

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    FAQs

    What type of property is this?
    Medical office - High-Cap Rate Medical Office in Pasco, WA
    Where is this medical office located?
    The property is located at 6825 Burden Blvd Pasco, WA.
    What is the asking price?
    The asking price for this property is $2,875,000.
    Request Owner's contact information
    6825 Burden Blvd Pasco, WA 99301
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    Pasco, WA 99301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6825 Burden Blvd Pasco, WA 99301
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