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 countrys 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 todays 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.
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0BEDS
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4.29ACRES
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0BATHS
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01/2 BATHS
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62,375SQFT
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$209$/SQFT
School Ratings & Info
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 countrys 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 todays 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.
© 2023 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Results Realty Group. Data last updated: 2023-06-03T17:39:46.79.