WA
Benton
Richland
99354
450 Hills St
450 Hills St, Richland, WA 99354
Listing Type
commercial/industrial
Listing Status
active
3
$11,500,000

Home Details for 450 Hills St

Price
$11,500,000
Type
COMMERCIAL/INDUSTRIAL
Bedrooms
0
Bathrooms
0.0
Square feet
62375
Year built
1974
Lot size acres
4.29
County
Benton
Garage
Days on site
572
MLS Listing#
260265
Listing courtesy: NAI Tri-Cities Commercial - 509-943-5200
Property Description

MLS# 260265 Strong Anchor Tenant: Bechtel Inc. Recent renewal for 5 years Economic Anchor: Bechtel has had a 30+ year stabilizing affect in Richland as the country’s largest construction and engineering company. Government Stabilization: The federal government has committed to spending at least an additional $1.9 billion on the management and cleanup of nuclear waste including the 586 square mile Hanford Site whose ongoing work is projected through 2040.No Debt: The property is being offered free and clear of debt allowing investors the opportunity to take advantage of today’s low interest rates. Below Replacement Cost: The price per square-foot is well below replacement cost. Fee Simple Land: Current ownership holds fee simple interest in the land and building. The majority of office buildings in Richland are negotiated on long-term land leases.

Property Features
    Listings courtesy of PACMLS/Tri City AOR. IDX information is provided exclusively for consumers’ personal, non- commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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    Market statistics compiled from data from Tri-City Association of Realtors.
    EXIT REALTY TRI-CITIES LIFE
    8836 W Gage Blvd Suite 101-A, Kennewick, WA 99336
    Office
    509 551 4770
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