5885 Van Giesen, West Richland, WA 99353
sale
$974,990
|
Other
Courtesy Of HomeSmart Elite Brokers
This Self Storage Facility presents an outstanding opportunity to acquire a well-established income-producing asset in the rapidly growing West Richland market. Located on Van Giesen Street, this 90-unit self-storage facility offers strong in-place cash flow with significant upside potential through continued occupancy growth, operational modernization, and strategic improvements. Currently operating at approximately 85% physical occupancy, the property features a highly functional unit mix designed to serve a broad range of residential and commercial storage users. A standout feature is that every unit is equipped with individual power access - an amenity frequently not found in many competing facilities. The facility offers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding residential neighborhoods and major commuter corridors. The current list price reflects a cap rate of just over 7%, presenting investors with an attractive yield opportunity in an increasingly competitive self-storage sector. The facility offers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding residential neighborhoods and major commuter corridors. The current list price reflects a cap rate of just over 7%, presenting investors with an attractive yield opportunity in an increasingly competitive self-storage sector. Additional value-add potential exists through security and technology enhancements, including online payment system and a website. The property also includes an easement area for the adjoining property's well head. Contact Listing Broker for financial information, rent roll, and showing instructions
Read More About This Property
Read Less About This Property
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 41-50 Years Old
- Amenities: Wired
- Amenities: Security System
- Exterior Type: Block
- MLSID: 293326
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,223,165
Other
7211 W Van Giesen
West Richland, WA 99353
Land: 2.34 Acres
Courtesy Of Markel Properties
sale
$1,010,000
Retail
214 Torbett
Richland, WA 99352
Land: 0.67 Acres
Courtesy Of Retter & Company Sotheby's International Realty
sale
$965,000
Retail
1217 Thayer Drive
Richland, WA 99352
Land: 0.91 Acres
Courtesy Of Retter & Company Sotheby's International Realty
sale
$940,896
Other
3680 Keene Rd - Lot 5
Richland, WA 99352
Land: 0.8 Acres
Courtesy Of NAI Tri-Cities Commercial