4309 W 27th Place
Kennewick WA 99338
Cynergy Centre
4309 W 27th Place Kennewick WA 99338
Listing #: 674829 | Status: Pending | Last Modified: 8/13/2024 |
For Sale
- Phone:(206) 826-5787
- Email:brownretailgroup@marcusmillichap.com
- Office Name:Marcus & Millichap, Inc.
- Office Phone:(206) 826-5700
- Office Website:www.marcusmillichap.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,165,000.0
- $/SF$ 193.9
- Listing StatusPending
- Days on Market290
- Asset ClassRetail, Office
- Terms
- Investment Type
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units12
- # of Elevators1
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF26631
- Net Rentable Area20259
- Total Office SF
- Largest Contiguous SF
- Lot SF48788
- Acres1.12
- Property TypeOffice
- Office TypeOther
- InvestmentYes
- Building ClassC
- CountyBenton
- Vicinity
- Location Description
- Second Address
- Cross StreetUnion
- Market AreaBenton County
- Tax ID #110893013335002
- Additional Parcels
- ZoningCC
- Year Built2006
- Year Renovated2023
- Completion Date
- Roof Type
- Construction TypeFramed, Stucco
Cynergy Centre | 100% Occupied Class A Medical Bui
We have been exclusively selected to market for sale Cynergy Centre, a recently renovated, Class A NNN office building located in the high barrier-to-entry Tri-Cities MSA. The Property is fully occupied by a diverse mix of tenants, with 70% of the GLA being occupied by medical tenants of different specialties. All tenants operate on NNN leases and eight of the ten tenants have annual rent increases. The Property was built in 2006, fully renovated in 2022 and had a new roof installed in November 2023, featuring a 20-year transferable roof warranty. The Tri-Cities MSA currently boasts a 5.9% office vacancy rate (less than half the national average of 13.5%) and 1.4% annual office rent growth (double the national rate of 0.7%). With only 15,880 SF of new office space delivered in the past 12
Medical/Dental, Executive Suite