Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    1605 Bombing Range Rd, West Richland, WA 99353

    6,294 SF 1.22 ac lot Built 2023
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-2621215
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of two brand-new, Class A buildings totaling 12,588 square feet situated on a 1.22-acre lot in West Richland, Washington. The property, located at 1605 Bombing Range Rd, boasts a prime location at a high-traffic corner, adjacent to established businesses like Gesa, Swigg Coffee, and Yokes Fresh Market. Currently 100% occupied by six credit-rated tenants under absolute NNN leases, this stabilized investment offers a compelling 4.85% cap rate with a net operating income (NOI) of $319,761. The property features a mix of office and retail spaces, with each building consisting of one story. Built in 2023, the property includes 12,000 square feet of net rentable space, priced at $524 per square foot. The asking price is $6,592,550. An additional 1,835 square feet of vanilla shell space is available for lease takeover, presenting an added value proposition. The property is zoned for commercial use and benefits from built-in annual lease escalations. This is a rare opportunity to acquire a high-performing, multi-tenant restaurant portfolio in a thriving West Richland location. The property's strong tenant base, prime location, and attractive design make it an ideal investment for discerning buyers seeking stable income and long-term growth potential.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2023
    Construction CONCRETE
    Total area 6,294 SF
    Lot 1.22 ac (53,143 SF)
    APN 106984020237002
    UPID US90-2621215
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.68M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.89M
    Owner & transaction history
    Sep Limited Liability Co · 1 yrs held
    Sep Limited Liability Co
    since 2025
    Last sale
    $6.1M
    1 recorded transaction
    2025
    $6.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $4.1M +254.6%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message