1605 Bombing Range Rd, West Richland, WA 99353
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.