Office Units in Vanilla-Shell
For Sale
Contact for pricing
6802 W Rio Grande Ave Unit C, Kennewick, WA 99336
Two suites can be occupied independently or combined, with fiber-optic wiring and an IT room in place.
Property Size10,764 SF
Price / SF$0.00
Days on Market1152
Property Features for 6802 W Rio Grande Ave Unit C
General Information
Standard status
Active
Size
10,764 SF
Property subtype
Office
Additional Details
Condition
Shell
Utilities to Site
Yes
Office Units
2
Property Use
Office
Taxes and HOA fees
Annual Taxes
$21,472
Amenities
fiber optics
IT room ready
bathroom
plumbing ready
street sign
ample parking
Building Details
Building Size
10,764 SF
Year Built
2011
Listing Agency:
NAI Tri-Cities Commercial
Listed By:
Todd Sternfeld · License #7AA1183
(509) 539-3998
Source:
Desertedgerealtygroup
Added: Sep 6, 2023
Changed: Oct 27
Last Checked: Oct 27 at 4:16AM
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 NAI Tri-Cities Commercial
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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.
Two office suites in Vista Fields are offered in vanilla-shell condition, allowing occupants to plan the interior around their requirements. The spaces total approximately 4,370 SF and may be taken together or separately. Existing infrastructure includes fiber-optic wiring and an IT room. One operational restroom is in place, and plumbing connections are prepared at multiple locations for additional fixtures.
The mixed-use development includes professional office, retail, and residential components. The property has street signage and on-site parking, and the reported traffic volume is approximately 25,000 vehicles per day. Built in 2011, the office space offers a flexible shell and prepared utility connections within the development.
The mixed-use development includes professional office, retail, and residential components. The property has street signage and on-site parking, and the reported traffic volume is approximately 25,000 vehicles per day. Built in 2011, the office space offers a flexible shell and prepared utility connections within the development.
Key Highlights
- Two suites totaling +-4,370 SF; available together or separately
- Vanilla‑shell condition for customized interior planning
- Fiber‑optic wiring and IT room in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,228
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,304,560
$3.3M
Cap Rate 7%
$2,360,400
$2.4M
Cap Rate 9%
$1,835,867
$1.8M
Market Conditions
NOI Build-Up for 10,764 SF
Gross rent
$236.4K $21.96/SF
− Vacancy
−$16.1K −$1.49/SF
EGI
$220.3K $20.47/SF
− OpEx
−$55.1K −$5.12/SF
NOI
$165.2K $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%
$3,304,560
Cap Rate 7%
$2,360,400
Cap Rate 9%
$1,835,867
Alternative Uses
Best Use
Office B
$2.36M
$2.07M – $2.75M
NOI $165,228 @ 7.0% cap · market cap 688,450.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.99M
$2.61M – $3.48M
NOI $208,988 @ 7.0% cap · market cap 870,783.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
880
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 suites can be occupied independently or combined, with fiber-optic wiring and an IT room in place.
Where is this office unit located?
The property is located at 6802 W Rio Grande Ave Unit C Kennewick, WA.
What are key features of this property?
This property features: Two suites totaling +-4,370 SF; available together or separately; Vanilla‑shell condition for customized interior planning; Fiber‑optic wiring and IT room in place
