About 450 Hills St
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.
Features of 450 Hills St
MLS® # | 260265 |
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Price | $11,500,000 |
Square Footage | 62,375 |
Acres | 4.29 |
Year Built | 1974 |
Type | Commercial |
Sub-Type | Office |
Status | Active |
Community Information
Address | 450 Hills St |
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Area | Benton |
City | Richland |
State | WA |
Zip Code | 99354 |
Amenities
Parking Spaces | 75 |
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Parking | 75+ Spaces |
Additional Information
Days on Market | 758 |
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Zoning | COMMCL OFFICE |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | NAI Tri-Cities Commercial |
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