Map of Property

Two Rivers

For Sale

450 Hills Street, Richland, WA 99354

This Richland property for sale is located at 450 Hills Street. The general use of Two Rivers is office and it incorporates 62,375 square feet of class B office space. The current listed sale price for Two Rivers is $11,850,000. Two Rivers is situated on a lot that is 4.85 acre in size.

Contacts

broker

Conor Finucane

NAI Commercial | Vancouver

Property Details

  • Property Type Office
  • Property Size 62,375 SF
  • Lot Size 4.85 Acre
  • Cap Rate % 6.75
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1970
  • Date Updated Nov 14, 2024

Free standing office building located in Richland, WA. Richland is one of the Tri-Cities, home to the Hanford nuclear site. The building is 100% occupied by Bechtel, Inc who has been occupying the building over 30 years.

• Strong Anchor Tenant: Bechtel Inc

• Term: New 5 year term signed January 2022

• Excellent location: Located in Richland, part of the Tri-Cities whose population exceeds 50,000

• Economic Anchor: Bechtel has had a 20+ 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.

• 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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Getting around

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  • 28/100

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  • 53/100

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Location

  • City Richland, WA
  • Zip Code 99354
  • Market Seattle

Points of Interest

  • Conoco

    2.03 miles

  • Chevron

    2.72 miles

  • Pacific Pride

    3.02 miles

  • 7-Eleven

    3.15 miles

  • Circle K

    3.41 miles

  • 76

    3.45 miles

  • Shell

    3.73 miles

  • Greenlots

    5.84 miles

  • Tesla Supercharger

    6.27 miles

  • enel x

    7.17 miles

  • Ben-Franklin Transit Park & Ride Lot

    3.56 miles

  • Lewis and Clark Elementary School Parking Lot

    4.80 miles

  • Chamna West

    5.70 miles

  • Chamna East

    5.75 miles

  • Chamna

    5.79 miles

  • Tulip Lane Park & Ride

    6.14 miles

  • Yakima Delta

    6.65 miles

  • Park and Ride

    7.27 miles

  • Columbia Park West Marina

    7.43 miles

  • Westgate Trailhead

    7.55 miles

  • PNNL Guesthouse/ User Housing Facility

    0.39 miles

  • Richland Inn & Suites

    3.86 miles

  • Homewood Suites

    4.01 miles

  • Holiday Inn

    4.26 miles

  • Hampton

    4.65 miles

  • Riverfront Hotel

    4.84 miles

  • Sleep Inn

    4.91 miles

  • The Lodge at Columbia Point

    5.33 miles

  • Home2 Suites

    6.18 miles

  • My Place Hotel-Pasco, WA

    6.52 miles

  • Safeway

    2.76 miles

  • Highland's Organic Market

    2.79 miles

  • Big Lots

    2.84 miles

  • Leyte Oriental Store

    3.37 miles

  • Asian Market and Lotus Snackbar

    3.60 miles

  • 450 Williams

    3.70 miles

  • Yoke's Fresh Market

    5.28 miles

  • WinCo Foods

    5.31 miles

  • Fred Meyer

    5.35 miles

  • Grocery Outlet

    5.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Conor Finucane

NAI Commercial | Vancouver