Listing details for 611 Columbia St, Pasco, WA 99301 : MLS# 284669 Cash flows $173,438 annually, with 3% annual increases. See associated docs Property is 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 and 7 years remaining on original term. The lease includes 3% annual rent increases, offering investors a steadily compounding return.Don’t miss out on this opportunity to secure a reliable income stream.Note: Listing agents are also owners of the property.
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Listing Updated : 04-06-2026 at 8:21 PM PDT
Property Details
Overview
Status
Active
MLS #ID
284669
Price
$2,700,000
Bedrooms
Bathrooms
Square Footage
Acres
0.55
Year
1960
Days on Site
3
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Jun 2, 2025
Community Information for 611 Columbia St, Pasco, WA 99301
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