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120 S 5th Avenue

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120 S 5th Avenue

120 S 5th Ave, Pasco, WA 99301
Specialty For Sale Available Built 1960 1 floors Zoning: C-1
Asking Price
$2,700,000
Total Building6,020 SF
Land13,298 SF land
ConstructionMasonry
MarketFranklin County
CountyFranklin

Read Overview
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Overview

Property ID
263293
Listing ID
698105
Type
Specialty
Asset Class
Specialty
Zoning
C-1

Description

Occupied by Candy Mountain Academy, a program funded by ESD 123, this property serves as a supportive learning environment for students in kindergarten through 12th grade. The Academy offers an alternative educational setting focused on early learning subjects and fostering connections within the early learning community. Over $700,000 in improvements have been made to support the program, including new windows, HVAC units, a roof, interior and exterior doors, LED lighting, a secured entry, a fire sprinkler system, and fresh interior and exterior paint. These upgrades make the facility a secure, attractive, and long-term investment opportunity. The tenant has signed a 10-year absolute triple net (NNN) lease with two 5-year renewal options. The lease includes 3% annual rent increases, offer

Listing Courtesy of:

TS
Todd Sternfeld
NAI Tri-Cities Commercial
89 Gage Blvd,
Richland, WA 99352
State: WA City: Pasco ZIP: 99301 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.