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Retail Space in Dutch Bros. Plaza
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6435 Keene Road, West Richland, WA 99353

The site has access from both Keene Road and Belmont.

Property Size1,340 SF
Price / SF$2.52
Days on Market750

Property Features for 6435 Keene Road

General Information

Standard status Active
Size 1,340 SF
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Building Size 1,340 SF
Year Built 2024
Listing Agency: SVN Retter & Company
Listed By: Rob Ellsworth · License ##17790
Source: Desertedgerealtygroup
Added: Oct 9, 2024 Changed: Oct 26 Last Checked: Oct 26 at 1:47PM

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

Rey
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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.

This retail space is located in Dutch Bros. Plaza, a 2024 development in West Richland. Access is available from Keene Road and Belmont.

The property is adjacent to Libby Middle School, the Richland School District Administration Building, and West Richland City Hall. Richland’s future high school is also nearby.

Key Highlights

  • Retail space in Dutch Bros. Plaza
  • Built in 2024
  • Access from Keene Road and Belmont

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,770
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,400 $315.4K
Cap Rate 7%
$225,286 $225.3K
Cap Rate 9%
$175,222 $175.2K
Market Conditions
NOI Build-Up for 1,340 SF
Gross rent
$24.1K $18.00/SF
− Vacancy
−$1.6K −$1.19/SF
EGI
$22.5K $16.81/SF
− OpEx
−$6.8K −$5.04/SF
NOI
$15.8K $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%
$315,400
Cap Rate 7%
$225,286
Cap Rate 9%
$175,222

Alternative Uses

Best Use
Retail
$225.3K
$197.1K – $262.8K (±1% cap)
NOI $15,770 @ 7.0% cap · market cap 467.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.7K
$325.2K – $433.6K (±1% cap)
NOI $26,017 @ 7.0% cap · market cap 770.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 99353, WA

17,934
Population
6,592
Households
2.7
Avg Household Size
37
Median Age
40%
College-Educated
93%
High-School Grad
25.8 sq mi
ZIP Area
695
Density / Sq Mi
$120,396
Median Household Income
$59,812
Median Earnings
$1,534
Median Rent
$407,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The site has access from both Keene Road and Belmont.
Where is this retail space located?
The property is located at 6435 Keene Road West Richland, WA.
What are key features of this property?
This property features: Retail space in Dutch Bros. Plaza; Built in 2024; Access from Keene Road and Belmont
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Includes: Price & PSF · Cap rate · Location · Zoning

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