Office Suite with Private
For Sale
Contact for pricing
830 N Columbia Center Boulevard Unit F1, Kennewick, WA 99336
Remodeled professional workspace includes reception, open work areas, conference rooms, and private offices.
Property Size29,470 SF
Price / SF$0.11
Days on Market888
Property Features for 830 N Columbia Center Boulevard Unit F1
General Information
Standard status
Active
Size
29,470 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Building Size
29,470 SF
Year Built
1981
Year Renovated
2019
Buildings
1
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: May 23, 2024
Changed: Oct 26
Last Checked: Oct 26 at 3:13PM
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 Crown Property Management
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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.
Suite F1 is configured for professional office use, with a reception and waiting area, open work area, private offices, and conference rooms. The space was remodeled in 2019 and is part of Plaza West, a building constructed in 1981.
The property sits at the signalized intersection of Columbia Center Boulevard and Grandridge, within the Central Business District. Nearby retail, hotels, services, and restaurants provide a range of surrounding amenities. Monument and building signage are available, along with parking.
The property sits at the signalized intersection of Columbia Center Boulevard and Grandridge, within the Central Business District. Nearby retail, hotels, services, and restaurants provide a range of surrounding amenities. Monument and building signage are available, along with parking.
Key Highlights
- Remodeled in 2019
- Reception and waiting area, open work area, private offices, and conference rooms
- At the signalized intersection of Columbia Center Boulevard and Grandridge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$452,366
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,047,320
$9.0M
Cap Rate 7%
$6,462,371
$6.5M
Cap Rate 9%
$5,026,289
$5.0M
Market Conditions
NOI Build-Up for 29,470 SF
Gross rent
$647.2K $21.96/SF
− Vacancy
−$44.0K −$1.49/SF
EGI
$603.2K $20.47/SF
− OpEx
−$150.8K −$5.12/SF
NOI
$452.4K $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%
$9,047,320
Cap Rate 7%
$6,462,371
Cap Rate 9%
$5,026,289
Alternative Uses
Best Use
Office B
$6.46M
$5.65M – $7.54M
NOI $452,366 @ 7.0% cap · market cap 14,211.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.17M
$7.15M – $9.54M
NOI $572,173 @ 7.0% cap · market cap 17,975.90%
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
1,835
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 - Remodeled professional workspace includes reception, open work areas, conference rooms, and private offices.
Where is this office unit located?
The property is located at 830 N Columbia Center Boulevard Unit F1 Kennewick, WA.
What are key features of this property?
This property features: Remodeled in 2019; Reception and waiting area, open work area, private offices, and conference rooms; At the signalized intersection of Columbia Center Boulevard and Grandridge
