Two-Level Mixed-Use
For Sale
Contact for pricing
2062 N Steptoe Unit B, Kennewick, WA 99336
Office and retail space includes building and monument sign options in Kennewick.
Property Size3,815 SF
Price / SF$0.01
Days on Market134
Property Features for 2062 N Steptoe Unit B
General Information
Standard status
Active
Size
3,815 SF
Class
Class A
Property subtype
Office
Additional Details
Condition
Shell
Office Units
1
Property Use
Office/Retail
Taxes and HOA fees
Annual Taxes
$14,150
Amenities
signage
Building Details
Building Size
3,815 SF
Year Built
2023
Listing Agency:
SVN Retter & Company
Listed By:
Brenda Garibay · License #21026475
(509) 528-5549
Source:
Desertedgerealtygroup
Added: Jun 17
Changed: Oct 27
Last Checked: Oct 27 at 3:58AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2023 mixed-use suite provides 3,815 square feet across two floors, with 1,851 square feet on the main level and 1,964 square feet upstairs. The upper floor has views, and both levels receive natural light. The space is offered as a grey shell with HVAC, allowing the next occupant to complete the interior for its needs.
Located in Kennewick, the property records average daily traffic of 24,698 vehicles. Signage can be placed on the building and monument sign. The suite is described as first-generation office and retail space.
Located in Kennewick, the property records average daily traffic of 24,698 vehicles. Signage can be placed on the building and monument sign. The suite is described as first-generation office and retail space.
Key Highlights
- 3,815 SF across two levels: 1,851 SF on the main floor and 1,964 SF upstairs
- 2023 construction
- Grey shell with HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,798
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,960
$616.0K
Cap Rate 7%
$439,971
$440.0K
Cap Rate 9%
$342,200
$342.2K
Market Conditions
NOI Build-Up for 3,815 SF
Gross rent
$53.6K $14.04/SF
− Vacancy
−$4.3K −$1.12/SF
EGI
$49.3K $12.92/SF
− OpEx
−$18.5K −$4.84/SF
NOI
$30.8K $8.07/SF
Area
Benton County, WA
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,960
Cap Rate 7%
$439,971
Cap Rate 9%
$342,200
Alternative Uses
Best Use
Office B
$836.6K
$732.0K – $976.0K
NOI $58,560 @ 7.0% cap · market cap 234,240.00%
Second Best
Mixed Use
$440.0K
$385.0K – $513.3K
NOI $30,798 @ 7.0% cap · market cap 123,192.00%
Theoretical Best
Office A
$1.06M
$925.9K – $1.23M
NOI $74,070 @ 7.0% cap · market cap 296,280.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
588
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?
Mixed-use property - Office and retail space includes building and monument sign options in Kennewick.
Where is this mixed-use property located?
The property is located at 2062 N Steptoe Unit B Kennewick, WA.
What are key features of this property?
This property features: 3,815 SF across two levels: 1,851 SF on the main floor and 1,964 SF upstairs; 2023 construction; Grey shell with HVAC
