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Office Suite with Reception and Offices
For Sale
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200-3321 W Kennewick Ave, Kennewick, WA 99336

Suite 200 offers a reception and waiting area, six private offices, and a break room in a light retail/office center.

Property Size1,180 SF
Price / SF$1.42
Days on Market250

Property Features for 200-3321 W Kennewick Ave

General Information

Standard status Active
Size 1,180 SF

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $24,752
Listing Agency: Crown Property Management
Listed By: Harlan Huston · License #114530
Source: Exprealty
Added: Feb 13 Changed: Oct 8 Last Checked: Oct 20 at 10:59PM

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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Investment Insights

Based on property information with market context.

Suite 200 is a light retail or office suite totaling 1,180 +/- square feet. The layout includes a reception/waiting area, six private offices, and a break room. Tenant improvements are negotiable, and the suite is available 08/03/2026.

The suite is located in Kennewick Square, a well-established, high-performing center with a strong mix of professional services and restaurants, along with complementary uses. The property is west of Highway 395 and is positioned in a retail corridor near major big-box retailers and financial institutions. The center offers ample parking, convenient access to Highway 395, and opportunities for excellent signage.

Key Highlights

  • Suite 200 available 08/03/2026 with 1,180 +/- SF for light retail or office use
  • Suite 200 includes a reception/waiting area, six private offices, and a break room
  • Lease rate listed at $16/SF with rent of $1,573/month plus utilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,887
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,740 $277.7K
Cap Rate 7%
$198,386 $198.4K
Cap Rate 9%
$154,300 $154.3K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$21.2K $18.00/SF
− Vacancy
−$1.4K −$1.19/SF
EGI
$19.8K $16.81/SF
− OpEx
−$6.0K −$5.04/SF
NOI
$13.9K $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%
$277,740
Cap Rate 7%
$198,386
Cap Rate 9%
$154,300

Alternative Uses

Best Use
Office B
$258.8K
$226.4K – $301.9K (±1% cap)
NOI $18,113 @ 7.0% cap · market cap 1,083.31%
Second Best
Retail
$198.4K
$173.6K – $231.5K (±1% cap)
NOI $13,887 @ 7.0% cap · market cap 830.56%
Theoretical Best
Office A
$327.3K
$286.4K – $381.8K (±1% cap)
NOI $22,910 @ 7.0% cap · market cap 1,370.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Law Firm

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Suite 200 offers a reception and waiting area, six private offices, and a break room in a light retail/office center.
Where is this office unit located?
The property is located at 200-3321 W Kennewick Ave Kennewick, WA.
What are key features of this property?
This property features: Suite 200 available 08/03/2026 with 1,180 +/- SF for light retail or office use; Suite 200 includes a reception/waiting area, six private offices, and a break room; Lease rate listed at $16/SF with rent of $1,573/month plus utilities
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