Published on April 16, 2024
PASCO, WA – StrickerCRE, a prominent commercial real estate firm, is thrilled to announce the successful acquisition of a 12,000 square foot warehouse facility in Pasco, Washington. The transaction was skillfully brokered by Derrick Stricker, CCIM/SIOR, acting on behalf of an out-of-market investor client. The listing broker was Rob Ellsworth of SVN Retter & Company.
A Strategic Investment
The property, which was previously vacant, is now available for lease at $12,000 per month (NNN). The investor client recognizes the substantial potential in the Tri-Cities area and has expressed a long-term commitment to the region. With ambitious plans for the 1.7 acre property improvements, they aim to enhance its value and appeal to prospective tenants.
Derrick Stricker’s Expertise
Derrick Stricker’s market expertise and strategy were pivotal in this acquisition,” stated the selling broker, who collaborated closely with Stricker throughout the process. “His deep understanding of both the local market dynamics and the unique needs of the region ensured a seamless path forward.
A Testament to Economic Growth
This is the buyers third acquisition in the Tri-Cities market as they recognize the region’s economic potential. “Our client firmly believes in the long-term growth prospects of the Tri-Cities area,” explained Stricker. “his acquisition serves as another testament to that belief.
StrickerCRE’s Commitment
StrickerCRE takes pride in contributing to the ongoing development and growth of the Tri-Cities area. As we continue to facilitate transactions that bring value to our clients and the community, we remain committed to delivering exceptional service and results.
Contact Information
For more details about the property or leasing opportunities, please reach out to StrickerCRE.
About StrickerCRE
StrickerCRE is a full-service commercial real estate firm specializing in investment sales, leasing, and property management. Under the leadership of Derrick Stricker, CCIM/SIOR, our team is dedicated to providing outstanding service to clients across the region.
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