Columbia Center Heights Executive Office Suites - Kennewick, WA

$4,170,000.00

Address: 1030 N Center Parkway, Kennewick, WA 99336

Rentable SF: 12,272 SF

Total Land Area: 57,939 SF

Year 1 Cap Rate: 8.50%

Proforma Cap Rate: 8.82%

Investment Highlights
• Flexible office lease terms with strong amenities• Additional services (reception, VOIP, scheduling,
printing, scanning, faxing) enhance revenue potential
• Highly experienced on-site management
• Provides Virtual tenant services such as addressing, mailing, admin, and meeting rooms which provides unlimited revenue potential
• Benton County’s population grew by 12.3% since the last census, increasing demand for professional services provided by current tenants
• Offer in hand for the cell tower at a purchase price of $1.2 million
Investment Overview
THE VARA GROUP is pleased to present the sale offering for the Columbia Center Heights building in Kennewick, WA. This 21,321-square-foot office building is divided into 66 executive suites servicing a variety of business operations. Utilizing an
executive suite model for both physical and virtual clients, this unique asset offers significant upside potential for investors.

Investment Highlights