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201b-8836 W Gage Blvd, Kennewick, WA 99336

Finished professional office space with private work areas, a conference room, reception area, and balcony access.

Property Size2,002 SF
Price / SF$0.01
Days on Market52

Property Features for 201b-8836 W Gage Blvd

General Information

Standard status Active
Size 2,002 SF
Total Parking Spaces 40
Elevators Yes

Additional Details

Floor 2
Road Access Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $12,963

Amenities

5 private offices
dedicated conference room
reception area
private outdoor balcony
Listing Agency: Coldwell Banker Tomlinson
Listed By: Travis Davis · License #10810
Source: Exprealty
Added: Sep 2 Changed: Oct 8 Last Checked: Oct 21 at 1:42AM

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 Coldwell Banker Tomlinson

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Investment Insights

Based on property information with market context.

This 2,002 SF finished office suite occupies the second floor and includes 5 private offices, a dedicated conference room, reception space, and a private outdoor balcony. The layout is suited to professional, corporate, or client-facing operations, with shared restrooms serving the neighboring tenant and this suite. Elevator access and a full fire suppression system are also provided.

The property is located at 201b-8836 W Gage Blvd in Kennewick, Washington, near West Gage Boulevard and Steptoe Street. The suite offers access from South Steptoe Street and West Gage Boulevard, along with signage opportunities facing the street corridor. A spacious parking lot provides 40+ spaces.

Key Highlights

  • 2,002 SF finished second‑floor office suite
  • 5 private offices plus a dedicated conference room
  • Reception area and private outdoor balcony

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,731
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,620 $614.6K
Cap Rate 7%
$439,014 $439.0K
Cap Rate 9%
$341,456 $341.5K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$44.0K $21.96/SF
− Vacancy
−$3.0K −$1.49/SF
EGI
$41.0K $20.47/SF
− OpEx
−$10.2K −$5.12/SF
NOI
$30.7K $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%
$614,620
Cap Rate 7%
$439,014
Cap Rate 9%
$341,456

Alternative Uses

Best Use
Office B
$439.0K
$384.1K – $512.2K (±1% cap)
NOI $30,731 @ 7.0% cap · market cap 161,742.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$555.3K
$485.9K – $647.8K (±1% cap)
NOI $38,870 @ 7.0% cap · market cap 204,578.95%
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 HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Food Market Daycare Center Veterinary Clinic

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
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,549
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 - Finished professional office space with private work areas, a conference room, reception area, and balcony access.
Where is this office unit located?
The property is located at 201b-8836 W Gage Blvd Kennewick, WA.
What are key features of this property?
This property features: 2,002 SF finished second‑floor office suite; 5 private offices plus a dedicated conference room; Reception area and private outdoor balcony
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