Office Building with Private
For Sale
Contact for pricing
1409 N Pittsburgh # B, Kennewick, WA 99336
The layout combines expansive shared work areas, private offices, and common restrooms.
Property Size5,494 SF
Price / SF$0.00
Days on Market254
Property Features for 1409 N Pittsburgh # B
General Information
Standard status
Active
Size
5,494 SF
Property subtype
COMMERCIAL
Additional Details
Property Use
Office
Building Details
Building Size
5,494 SF
Year Built
2005
Listing Agency:
SVN Retter & Company
Listed By:
Scott Howell · License #131443
(509) 379-3111
Source:
Desertedgerealtygroup
Added: Feb 16
Changed: Oct 27
Last Checked: Oct 27 at 4:41AM
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
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Investment Insights
Based on property information with market context.
This 5,494-square-foot office property, built in 2005, has two large open work areas suited to coworking or cubicle layouts, along with five private offices and two shared restrooms. Ample parking is available.
The property is in Kennewick’s Financial District, just off Gage, at 1409 N Pittsburgh, Suite B.
The property is in Kennewick’s Financial District, just off Gage, at 1409 N Pittsburgh, Suite B.
Key Highlights
- 5,494 square feet of office space
- Two large open areas for coworking or cubicles
- Five private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,333
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,660
$1.7M
Cap Rate 7%
$1,204,757
$1.2M
Cap Rate 9%
$937,033
$937.0K
Market Conditions
NOI Build-Up for 5,494 SF
Gross rent
$120.6K $21.96/SF
− Vacancy
−$8.2K −$1.49/SF
EGI
$112.4K $20.47/SF
− OpEx
−$28.1K −$5.12/SF
NOI
$84.3K $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%
$1,686,660
Cap Rate 7%
$1,204,757
Cap Rate 9%
$937,033
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.41M
NOI $84,333 @ 7.0% cap · market cap 468,516.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,668 @ 7.0% cap · market cap 592,600.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The layout combines expansive shared work areas, private offices, and common restrooms.
Where is this office building located?
The property is located at 1409 N Pittsburgh # B Kennewick, WA.
What are key features of this property?
This property features: 5,494 square feet of office space; Two large open areas for coworking or cubicles; Five private offices
