Two-Suite Industrial
New
For Sale
Contact for pricing
206 N Benton St, Kennewick, WA 99336
The two-suite configuration allows an owner to use one space while leasing the other.
Property Size21,404 SF
Price / SF$66.58
Days on Market5
Property Features for 206 N Benton St
General Information
Standard status
Active
Size
21,404 SF
Property subtype
INDUSTRIAL
Building Details
Buildings
1
Building Size
21,404 SF
Listing Agency:
ORION Commercial Partners, LLC
(206) 734-4100
Listed By:
Scott Clements · License #WA 12379
(206) 793-1074
Source:
Moodyscre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:02PM
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 ORION Commercial Partners, LLC
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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.
The industrial property contains approximately 21,404 square feet across two suites. Suite A measures approximately 8,681 square feet, while Suite B contains approximately 12,723 square feet. The suites may be occupied together or separately, allowing a purchaser to use one and lease the other.
Key Highlights
- Approximately 21,404 SF across two suites
- Suite A contains approximately 8,681 SF
- Suite B contains approximately 12,723 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,676
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,520
$2.5M
Cap Rate 7%
$1,795,371
$1.8M
Cap Rate 9%
$1,396,400
$1.4M
Market Conditions
NOI Build-Up for 21,404 SF
Gross rent
$192.6K $9.00/SF
− Vacancy
−$13.1K −$0.61/SF
EGI
$179.5K $8.39/SF
− OpEx
−$53.9K −$2.52/SF
NOI
$125.7K $5.87/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,520
Cap Rate 7%
$1,795,371
Cap Rate 9%
$1,396,400
Alternative Uses
Best Use
Industrial
$1.80M
$1.57M – $2.09M
NOI $125,676 @ 7.0% cap · market cap 8.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.94M
$5.19M – $6.93M
NOI $415,568 @ 7.0% cap · market cap 29.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
838
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - The two-suite configuration allows an owner to use one space while leasing the other.
Where is this industrial property located?
The property is located at 206 N Benton St Kennewick, WA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Approximately 21,404 SF across two suites; Suite A contains approximately 8,681 SF; Suite B contains approximately 12,723 SF
