101 Vista Way Kennewick, WA 99336

Kennewick Village is a 99% occupied retail shopping center located in Kennewick, WA. The property encompasses 11 tax parcels in four sections along Hwy 395, Vista Way, and W Bruneau Pl. Over 51% of the gross leasable area (GLA) operates on month-to-month Modified Gross leases, with the majority of remaining tenants operating on short-term leases without options. The average base rent is currently $11.23 per square foot Modified Gross, with market rents potentially reaching $13-$15 per square foot NNN. Over 50% of the GLA is leased by tenants that have been at the property for over 5 years. The property is located across the street from Highlands Center and Kennewick Plaza. The property is grocery anchored and occupied by a mix of grocery, restaurant, service, and daily needs retailers. The property is located on Hwy 395 with 35,700+ vehicles per day (VPD) and near W Clearwater Ave (22,000+ VPD) and SR 240 (44,000+ VPD). Within a 5-mile radius, the population has increased by nearly 5.5% since 2020 and houses roughly 175,000 residents, with a projected growth of another 7.9% in the next five years. The property size is 82,864 square feet.