Two-Level Office/Retail
For Sale
Contact for pricing
B-2062 N Steptoe St, Kennewick, WA 99336
Two-level suite offered as grey shell plus HVAC, with signage availability and natural light throughout.
Property Size3,815 SF
Price / SF$0.01
Days on Market536
Property Features for B-2062 N Steptoe St
General Information
Standard status
Active
Size
3,815 SF
Class
A
Additional Details
Traffic Count
24,698 vehicles/day
Taxes and HOA fees
Annual Taxes
$14,150
Amenities
signage
Listing Agency:
SVN Retter & Company
(509) 737-9429
Listed By:
Brenda Garibay · License #21026475
(509) 528-5549
Source:
Exprealty
Added: May 6, 2025
Changed: Oct 21
Last Checked: Oct 23 at 7:36AM
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 SVN Retter & Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This modern Class A office/retail suite is available as grey shell plus HVAC and is arranged over two levels. Both floors benefit from an abundance of natural light, supporting a bright interior environment. The space includes signage availability on the building and a monument sign.
The property is located at B-2062 N Steptoe St in Kennewick, with an average daily traffic count of 24,698 vehicles, supporting visibility from passing traffic.
The layout includes approximately 1,851 square feet on the main floor and approximately 1,964 square feet upstairs, with the upper level offering views. The space is described as first-generation and is offered with competitive rent abatement.
The property is located at B-2062 N Steptoe St in Kennewick, with an average daily traffic count of 24,698 vehicles, supporting visibility from passing traffic.
The layout includes approximately 1,851 square feet on the main floor and approximately 1,964 square feet upstairs, with the upper level offering views. The space is described as first-generation and is offered with competitive rent abatement.
Key Highlights
- Two‑level office/retail suite in central Kennewick
- 1,851 SF main floor plus 1,964 SF upstairs (total 3,815 SF)
- Natural light on both levels, with views from the upstairs level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,560
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,200
$1.2M
Cap Rate 7%
$836,571
$836.6K
Cap Rate 9%
$650,667
$650.7K
Market Conditions
NOI Build-Up for 3,815 SF
Gross rent
$83.8K $21.96/SF
− Vacancy
−$5.7K −$1.49/SF
EGI
$78.1K $20.47/SF
− OpEx
−$19.5K −$5.12/SF
NOI
$58.6K $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%
$1,171,200
Cap Rate 7%
$836,571
Cap Rate 9%
$650,667
Alternative Uses
Best Use
Office B
$836.6K
$732.0K – $976.0K
NOI $58,560 @ 7.0% cap · market cap 234,240.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$925.9K – $1.23M
NOI $74,070 @ 7.0% cap · market cap 296,280.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
24,698 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,081
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two-level suite offered as grey shell plus HVAC, with signage availability and natural light throughout.
Where is this office unit located?
The property is located at B-2062 N Steptoe St Kennewick, WA.
What are key features of this property?
This property features: Two‑level office/retail suite in central Kennewick; 1,851 SF main floor plus 1,964 SF upstairs (total 3,815 SF); Natural light on both levels, with views from the upstairs level
