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Flex Facility & Fenced Yard 2517 Logan St

11,769 SF 100% Leased Industrial Building Richland, WA 99354 $3,400,000 ($289/SF) 6.67% Cap Rate

Investment Highlights

  • New construction; delivered in 2024
  • Easy access to Highway 240 and close proximity to Richland Airport

Executive Summary

New class A warehouse with offices/storefronts - Flex Facility. Located in Richland Washington's Prime Horn Rapids Industrial/Business park.
Featuring: Complete Finished Build outs of 5 suites on nearly 2 acres, 11,769 SF, 22' Eave Height, 14' tall doors, 100% climate controlled, Fire Sprinklers, 3 phase Power, High Speed Fiber, 25 parking spaces. 1.25 acres of fenced Laydown yard. 2 additional shovel ready lots are included in sale.

Data Room Click Here to Access

Property Facts

Price $3,400,000
Price Per SF $289
Sale Type Investment or Owner User
Cap Rate 6.67%
Property Type Industrial
Property Subtype
Service
  • Flex Light Manufacturing
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
Building Class A
Lot Size 1.90 AC
Rentable Building Area 11,769 SF
No. Stories 1
Year Built 2024
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 7

Amenities

  • Yard
  • Accent Lighting
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Water - City
  • Sewer - City
  • Heating - Electric

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Spokane
219,190
152
2 h 52 m
Seattle
744,955
200
3 h 59 m
Tacoma
216,279
214
4 h 24 m
Portland
653,115
226
4 h 23 m
Boise
228,790
293
5 h 31 m
Reno
250,998
663
12 h 4 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
170,949
Total Labor Force
91,168
Unemployment Rate
3.81%
Median Household Income
$93,053
Warehouse Employees
11,135
High School Education Or Higher
92.90%

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 128081013747003
  • 128081013747002
  • 128081013747004
  • 128081013747005
Land Assessment
$159,390
Improvements Assessment
$1,787,060
Total Assessment
$1,946,450

zoning

Zoning Code Industrial (Light Industrial)
Industrial (Light Industrial)
  • Listing ID: 30674286

  • Date on Market: 1/16/2024

  • Last Updated:

  • Address: 2517 Logan St, Richland, WA 99354

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