Restaurant Space with
For Sale
Contact for pricing
1022 N Columbia Center Blvd Unit 210, Kennewick, WA 99336
A walk-in freezer, bar counter, and taps are already installed for restaurant operations.
Property Size5,537 SF
Price / SF$0.00
Days on Market257
Property Features for 1022 N Columbia Center Blvd Unit 210
General Information
Standard status
Active
Size
5,537 SF
Property subtype
Restaurant
Additional Details
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$17,147
Building Details
Building Size
5,537 SF
Year Built
2013
Listing Agency:
EXIT Realty Tri-Cities Life
Listed By:
Steven Lambert · License #25450
(509) 551-4770
Source:
Desertedgerealtygroup
Added: Feb 13
Changed: Oct 27
Last Checked: Oct 27 at 3:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty Tri-Cities Life
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Restaurant space at 1022 N Columbia Center Blvd, Unit 210, in Kennewick features high ceilings and floor-to-ceiling windows. A bar counter, taps, and walk-in freezer are in place. The property was built in 2013.
The space is at a signalized corner on Columbia Center Blvd. Nearby businesses include Target, Lowe’s, Dick’s Sporting Goods, Best Buy, Ulta, At Home, Chipotle, Applebee’s, Natural Grocers, and Ranch & Home. The Toyota Center is also nearby.
The space is at a signalized corner on Columbia Center Blvd. Nearby businesses include Target, Lowe’s, Dick’s Sporting Goods, Best Buy, Ulta, At Home, Chipotle, Applebee’s, Natural Grocers, and Ranch & Home. The Toyota Center is also nearby.
Key Highlights
- Restaurant space with bar counter and taps
- Walk‑in freezer installed
- High ceilings and floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,304
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,080
$1.7M
Cap Rate 7%
$1,218,629
$1.2M
Cap Rate 9%
$947,822
$947.8K
Market Conditions
NOI Build-Up for 5,537 SF
Gross rent
$119.6K $21.60/SF
− Vacancy
−$5.9K −$1.06/SF
EGI
$113.7K $20.54/SF
− OpEx
−$28.4K −$5.14/SF
NOI
$85.3K $15.41/SF
Area
Benton County, WA
Vacancy
4.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,080
Cap Rate 7%
$1,218,629
Cap Rate 9%
$947,822
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,304 @ 7.0% cap · market cap 315,940.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,503 @ 7.0% cap · market cap 398,159.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A walk-in freezer, bar counter, and taps are already installed for restaurant operations.
Where is this conventional restaurant located?
The property is located at 1022 N Columbia Center Blvd Unit 210 Kennewick, WA.
What are key features of this property?
This property features: Restaurant space with bar counter and taps; Walk‑in freezer installed; High ceilings and floor‑to‑ceiling windows
