450 Hills St, Richland, WA

$13,050,000

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62,375

Square feet

4.29

Acres

About 450 Hills St

MLS# 260265 Strong Anchor Tenant: Bechtel IncRecent renewal for 5 yearsEconomic 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 onlong-term land leases.

Features of 450 Hills St

MLS® # 260265
Price $13,050,000
Square Footage 62,375
Acres 4.29
Year Built 1974
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 450 Hills St
Area Benton
City Richland
State WA
Zip Code 99354

Amenities

Parking Spaces 75
Parking 75+ Spaces

Additional Information

Days on Market 141
Zoning COMMCL OFFICE
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNAI Tri-Cities Commercial

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