Property profile

79 Aaron Dr Richland, WA 99352

OFF-MARKET
Industrial properties
Property ID
US90-1702236
25,812 SF 3.33 ac lot Built 2005
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,300-square-foot office space is ideally located in Richland, Washington, on the busy George Washington Way corridor, ensuring high visibility to over 41,000 vehicles daily. Situated on the second floor of the Abadan building, this recently renovated space offers a blend of modern design and functional layout, perfect for a variety of professional uses. The open concept design features stained concrete floors and an industrial chic aesthetic. The space includes four private offices or conference rooms, a large kitchen and gathering area, and collaborative workspaces, accommodating teams of 30 or more. Flexible lease terms allow for occupancy of 2,000 to 4,300 square feet. Amenities include shared access to a 25-person conference room equipped with a telecom package. The asking lease rate is $20 per square foot, which includes NNN charges. A 36-month lease term is preferred. This prime location is particularly well-suited for businesses in creative fields, real estate, financial services, and other professional sectors. The property sits on a 3.33-acre lot.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,812 SF
Lot 3.33 ac (145,055 SF)
APN 114984020566004
UPID US90-1702236

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
  • Engineer
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Tech Support Center IT Consulting Firm
  • Business Management Consultant
  • (Bike/Boat/Book/etc) Store Printing Service

Location

79 Aaron Dr Richland, WA 99352-4522
Richland metro Census 10600 KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.33M
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$2.24M

Owner & transaction history

since 2004
5 recorded transactions
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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