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Church Facility with Open Layout
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5601 W Clearwater # 110, Kennewick, WA 99336

The space includes two private offices and two restrooms alongside a largely open interior.

Property Size27,550 SF
Price / SF$0.11
Days on Market623

Property Features for 5601 W Clearwater # 110

General Information

Standard status Active
Size 27,550 SF
Property subtype COMMERCIAL

Building Details

Building Size 27,550 SF
Year Built 1996
Listing Agency: SVN Retter & Company
Listed By: Scott Sautell · License ##109003
Source: Desertedgerealtygroup
Added: Feb 11, 2025 Changed: Oct 27 Last Checked: Oct 27 at 4:02AM

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.

Located at 5601 W Clearwater #110 in Kennewick, this church facility has a predominantly open interior, two offices, and two restrooms. The space was used as a church for five years and the building dates to 1996.

Key Highlights

  • Predominantly open interior
  • Two offices and two restrooms
  • Used as a church for five years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$324,219
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,484,380 $6.5M
Cap Rate 7%
$4,631,700 $4.6M
Cap Rate 9%
$3,602,433 $3.6M
Market Conditions
NOI Build-Up for 27,550 SF
Gross rent
$495.9K $18.00/SF
− Vacancy
−$32.7K −$1.19/SF
EGI
$463.2K $16.81/SF
− OpEx
−$139.0K −$5.04/SF
NOI
$324.2K $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%
$6,484,380
Cap Rate 7%
$4,631,700
Cap Rate 9%
$3,602,433

Alternative Uses

Best Use
Retail
$4.63M
$4.05M – $5.40M (±1% cap)
NOI $324,219 @ 7.0% cap · market cap 10,807.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.64M
$6.69M – $8.91M (±1% cap)
NOI $534,895 @ 7.0% cap · market cap 17,829.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Artmil Advertising Agency masterwork pilates Gym & Fitness Center M.A. Fitness Gym & Fitness Center Contenders Boxing Gym & Fitness Center Grace Generation Church ... Church

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Butcher Locksmith Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby
87k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Shops & Services 44% Beauty & Spa 3% Home Improvements & Furnishings 1%
Safeway Groceries
45,817 visits/mo 0.3 miles
Speedway Shops & Services
6,361 visits/mo 0.2 miles
Wells Fargo Shops & Services
6,287 visits/mo 0.3 miles
AutoZone Shops & Services
6,048 visits/mo 0.5 miles
Exxon Shops & Services
5,813 visits/mo 0.2 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

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?
Church & religious facility - The space includes two private offices and two restrooms alongside a largely open interior.
Where is this church & religious facility located?
The property is located at 5601 W Clearwater # 110 Kennewick, WA.
What are key features of this property?
This property features: Predominantly open interior; Two offices and two restrooms; Used as a church for five years
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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