75 Columbia Point Drive

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75 Columbia Point Drive

Richland, WA 99352
Asking Price
$3.00M
Cap Rate
6.92%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

High Traffic Location NNN Lease Big 5 Sporting Goods <p><span style="color: rgba(0, 0, 0, 1)">• NNN lease to Big 5 Corp. (NASDAQ: BGFV)</span></p><p><span style="color: rgba(0, 0, 0, 1)">• High-traffic shopping center with WinCo Foods and Dollar Tree in-line and Starbucks, Jack in the Box, and Applebee’s outparcels.</span></p><p><span style="color: rgba(0, 0, 0, 1)">• Big 5 Sporting Goods has operated at this location since construction in 2003.</span></p><p><span style="color: rgba(0, 0, 0, 1)">• Excellent visibility and access from George Washin

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

Location & Travel Times