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Property profile

5200 Outlet Dr Pasco, WA 99301

OFF-MARKET
Neighborhood centers
103,740 SF Built 1995
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Property summary

AI-generated overview

Broadmoor Park, located at 5200 Outlet Drive in Pasco, Washington (zip code 99301), presents a compelling investment opportunity in a thriving retail environment. This strip center comprises two buildings totaling 103,740 square feet, situated on a spacious 10.98-acre lot. Built in 1995, the property currently has approximately 25,422 square feet of vacant space available for lease, offering multiple units ranging from 7,486 to 17,936 square feet. The property's location in Franklin County provides excellent visibility and accessibility. The lease type is NNN, with estimated 2023 NNN expenses of $2.75 per square foot. Rental rates are competitive, ranging from $12.00 to $15.00 per square foot. The property's APN is 115502016. This presents a unique chance to acquire a well-established retail center with significant potential for growth and income generation. The substantial available space allows for customization to suit a variety of retail tenants. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a prime retail location in Pasco, Washington.

Property profile

Verified
Property type Neighborhood centers
Year built 1995
Total area 103,740 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply

Location

5200 Outlet Dr Pasco, WA 99301
Pasco metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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