This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
6825 Burden Blvd - Burden Medical Center
6,993 SF Medical Condo Unit Offered at $2,700,000 in Pasco, WA 99301
Executive Summary
Located in the thriving West Pasco, this 6,993 SF commercial property is a prime investment opportunity. Fully leased to along-standing tenant at $16,500 per month NNN lease, the property offers stable income with an attractive 7.2% cap rate. The property's design provides future flexibility, allowing for division into smaller suites for multi-tenant occupancy if needed. As a condo, it benefits from shared costs for exterior capital improvements, reducing owner responsibility. West Pasco's ongoing growth and the property's strategic location make this an excellent addition to any portfolio, this asset combines immediate returns with long-term potential.
Property Facts
| Price | $2,700,000 | Building Class | B |
| Unit Size | 6,993 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 19,713 SF |
| Total Building Size | 19,713 SF | Year Built | 2006 |
| Property Type | Office (Condo) | Tenancy | Single |
| Property Subtype | Medical | Lot Size | 2.23 AC |
| Sale Type | Investment NNN | Parking Ratio | 3.3/1,000 SF |
| Price | $2,700,000 |
| Unit Size | 6,993 SF |
| No. Units | 1 |
| Total Building Size | 19,713 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment NNN |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 19,713 SF |
| Year Built | 2006 |
| Tenancy | Single |
| Lot Size | 2.23 AC |
| Parking Ratio | 3.3/1,000 SF |
1 Unit Available
Unit D
| Unit Size | 6,993 SF | Sale Type | Investment |
| Price | $2,700,000 | Cap Rate | 6.57% |
| Price Per SF | $386.10 | NOI | $177,390 |
| Condo Use | Medical |
| Unit Size | 6,993 SF |
| Price | $2,700,000 |
| Price Per SF | $386.10 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.57% |
| NOI | $177,390 |
Description
Located in the thriving West Pasco, this 6,993 SF commercial property is a prime investment opportunity. Fully leased to along-standing tenant at $16,500 per month NNN lease, the property offers stable income with an attractive 6.57% cap rate. The property's design provides future flexibility, allowing for division into smaller suites for multi-tenant occupancy if needed. As a condo, it benefits from shared costs for exterior capital improvements, reducing owner responsibility. West Pasco's ongoing growth and the property's strategic location make this an excellent addition to any portfolio, this asset combines immediate returns with long-term potential.
Sale Notes
Please provide a minimum of 48 hours notice for showings. Tours are available after 6 PM only. Contact listing agent for additional details.
zoning
| Zoning Code | C1 - Retail Business |
| C1 - Retail Business |
Presented by
6825 Burden Blvd - Burden Medical Center
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.