Multi-Tenant Office
For Sale
$1,700,000
1123 N Grant Pl, Kennewick, WA 99336
Commercial Sale, Kennewick, WA
Property Size4,700 SF
Lot Size1.00 Acre
Price / SF$361.70
Days on Market194
Property Features for 1123 N Grant Pl
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMCL OFFICE
Parking
21
Directions
Google Maps
Standard status
Active
APN
***
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10756
Building Details
Year built
2007
Listing Agency:
SVN Retter & Company
(509) 737-9429
Listed By:
Scott Sautell · License ##109003
(509) 430-8986
Added: Mar 27
Changed: Sep 16
Last Checked: Oct 6 at 5:06AM
MLS# 291636
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.
Investment Insights
Based on property information with market context.
Built in 2007, this office property occupies a one-acre site at 1123 N Grant Pl in Kennewick. The main level contains 3,700 sf formerly used as a Microdental Lab, complemented by 1,000 sf of daylight basement storage. Existing fixtures and equipment may be available for negotiation with Microdental.
The building was planned for three occupants and includes two ground-level daylight basement-style areas in semi-vanilla-shell condition. These spaces are currently open and may function as a combined area. The property is fully landscaped and in excellent condition. COMMCL OFFICE zoning supports its office-oriented configuration, with availability for sale or lease.
The building was planned for three occupants and includes two ground-level daylight basement-style areas in semi-vanilla-shell condition. These spaces are currently open and may function as a combined area. The property is fully landscaped and in excellent condition. COMMCL OFFICE zoning supports its office-oriented configuration, with availability for sale or lease.
Key Highlights
- 3,700 sf of former Microdental Lab space on the main level
- Additional 1,000 sf of daylight basement storage
- One‑acre site with fully landscaped grounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,145
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,900
$1.4M
Cap Rate 7%
$1,030,643
$1.0M
Cap Rate 9%
$801,611
$801.6K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$103.2K $21.96/SF
− Vacancy
−$7.0K −$1.49/SF
EGI
$96.2K $20.47/SF
− OpEx
−$24.0K −$5.12/SF
NOI
$72.1K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,900
Cap Rate 7%
$1,030,643
Cap Rate 9%
$801,611
Alternative Uses
Best Use
Office B
$1.03M
$901.8K – $1.20M
NOI $72,145 @ 7.0% cap · market cap 4.24%
Second Best
Healthcare Medical
$996.5K
$872.0K – $1.16M
NOI $69,758 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,252 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - A one-acre office property with landscaped grounds, daylight basement areas, and a configuration suited to multiple occupants.
Where is this office building located?
The property is located at 1123 N Grant Pl Kennewick, WA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3,700 sf of former Microdental Lab space on the main level; Additional 1,000 sf of daylight basement storage; One‑acre site with fully landscaped grounds
