Retail Suite in Shopping
For Sale
Contact for pricing
S-7903 W Grandridge Blvd, Kennewick, WA 99336
Only available storefront at Columbia Plaza with neighboring national/regional services and professional tenants.
Property Size19,952 SF
Price / SF$0.12
Days on Market563
Property Features for S-7903 W Grandridge Blvd
General Information
Standard status
Active
Size
19,952 SF
Taxes and HOA fees
Annual Taxes
$24,192
Listing Agency:
Everstar Realty
Listed By:
Hai-Young Yang · License #16405
(509) 735-4042
Source:
Exprealty
Added: Apr 11, 2025
Changed: Oct 25
Last Checked: Oct 24 at 11:35PM
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 Everstar Realty
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 is the only space available at Columbia Plaza, offering a retail storefront within a multi-tenant shopping center environment. Neighboring tenants include Family Eyecare, Farmers Insurance, Bee Nails & Spa, Cabinetry, Massage Parlor, Miracle Ear, Calvary Chapel, Beauty Salon and Gang Nam Style.
The center is described as being located in the second block off Columbia Center Blvd, supporting convenient access to surrounding retail and service users.
For tenants, buyers, or brokers looking for a single available suite within an established mix of local service and personal care businesses, this storefront represents the current leasing/sales opportunity at Columbia Plaza.
The center is described as being located in the second block off Columbia Center Blvd, supporting convenient access to surrounding retail and service users.
For tenants, buyers, or brokers looking for a single available suite within an established mix of local service and personal care businesses, this storefront represents the current leasing/sales opportunity at Columbia Plaza.
Key Highlights
- Only available storefront at Columbia Plaza
- Great visibility; located in the 2nd block off Columbia Center Blvd
- Surrounding tenants include Family Eyecare, Farmers Insurance, Bee Nails & Spa, Cabinetry, Massage Parlor, Miracle Ear, Calvary Chapel, Beauty Salon, and Gang Nam Style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,696,060
$4.7M
Cap Rate 7%
$3,354,329
$3.4M
Cap Rate 9%
$2,608,922
$2.6M
Market Conditions
NOI Build-Up for 19,952 SF
Gross rent
$359.1K $18.00/SF
− Vacancy
−$23.7K −$1.19/SF
EGI
$335.4K $16.81/SF
− OpEx
−$100.6K −$5.04/SF
NOI
$234.8K $11.77/SF
Area
Benton County, WA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,696,060
Cap Rate 7%
$3,354,329
Cap Rate 9%
$2,608,922
Alternative Uses
Best Use
Retail
$3.35M
$2.94M – $3.91M
NOI $234,803 @ 7.0% cap · market cap 9,886.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.53M
$4.84M – $6.46M
NOI $387,377 @ 7.0% cap · market cap 16,310.61%
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
1,100
Businesses Nearby
285k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Apparel 32%
Shops & Services 21%
Hotels & Casinos 4%
Ross Dress for Less
Apparel
42,445 visits/mo
0.3 miles
McDonald's
Dining
34,907 visits/mo
0.4 miles
Sportsman's Warehouse
Apparel
31,880 visits/mo
0.3 miles
Michaels
Shops & Services
26,376 visits/mo
0.3 miles
Wendy's
Dining
23,060 visits/mo
0.4 miles
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
Similar Off Market Nearby
- Metropolitan Plaza — Metropolitan Plaza, 321 N Columbia Center Blvd, Kennewick, WA 99336
- Columbia Summit Center — 731 N Columbia Center Blvd, Kennewick, WA 99336
- Columbia Square — 1232 N Columbia Center Blvd, Kennewick, WA 99336
- Sunglass Hut at Macy's — 1321 N Columbia Center Blvd, Kennewick, WA 99336
- Columbia Center — 1321 N Columbia Center Blvd, Kennewick, WA 99336
Frequently Asked Questions
What type of property is this?
Shopping center - Only available storefront at Columbia Plaza with neighboring national/regional services and professional tenants.
Where is this shopping center located?
The property is located at S-7903 W Grandridge Blvd Kennewick, WA.
What are key features of this property?
This property features: Only available storefront at Columbia Plaza; Great visibility; located in the 2nd block off Columbia Center Blvd; Surrounding tenants include Family Eyecare, Farmers Insurance, Bee Nails & Spa, Cabinetry, Massage Parlor, Miracle Ear, Calvary Chapel, Beauty Salon, and Gang Nam Style
