Active

6825 Burden Blvd Unit: 7K SF NNN Burden Condo

Pasco WA, 99301

$2,700,000


$386.10 per sqft

Active

6,993 sqft

Commercial

Built in 2006

MLS# 280259 Located in the thriving West Pasco, this 6,993 SF commercial property is a prime investment opportunity. Fully leased to a long-standing tenant at $16,500 per month NNN lease, the property offers stable income with a 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.

280259

MLS ID

November 19, 2024

Listed

December 5, 2024

Updated

Map

6825 Burden Blvd Unit: 7K SF NNN Burden Condo
Pasco WA, 99301

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.23 Acres

Other Property Details

Area Name

Franklin


Taxes

$2,024


Tax Frequency

Annually


Days on Market

15


Garage

No


View

No


County

Franklin


Municipality

2024


Pool

No


Zoning

COMMCL GENERAL

Listing History

Date

Event

Price

11/23/2024

Price change

$2,700,000

-7%

Courtesy of Derrick Stricker, StrickerCRE

IDX information is provided exclusively for consumers; personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marijo Bowe shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 WA - Pacific Regional MLS (PRMLS). All rights reserved.

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