Kennewick Retail Space For
For Sale
Contact for pricing
2403 S Quillan Place, Kennewick, WA 99338
New retail center with highway frontage and ample parking.
Property Size12,000 SF
Days on Market225
Property Features for 2403 S Quillan Place
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
12,000 SF
Year Built
2025
Properties For Sale
at 2403 S Quillan Place Contact usA
Size
1,238 SF
Term
Negotiable
B
Size
1,475 SF
Term
Negotiable
C
Size
1,659 SF
Term
Negotiable
D
Size
1,475 SF
Term
Negotiable
E
Size
1,659 SF
Term
Negotiable
F
Size
1,489 SF
Term
Negotiable
G
Size
1,489 SF
Term
Negotiable
H
Size
1,516 SF
Term
Negotiable
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Listing Agency:
Retter & Company Sotheby's International Realty
Listed By:
Rob Ellsworth, CCIM · License #WA #17790
(509) 430-2378
Source:
Svn
Added: Mar 6
Changed: Oct 13
Last Checked: Oct 16 at 7:42AM
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 Retter & Company Sotheby's International Realty
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Investment Insights
Based on property information with market context.
Located at 2403 S. Quillan Place in Kennewick, Washington, this property is suitable for retail use. The property features modern amenities, ample parking, and flexible floor plans. High-quality construction, large windows for natural light, and well-appointed common areas are present. The all-new retail center has frontage along Highway 395 and is adjacent to the Southridge/Canyon Lakes area of Kennewick. The site offers visibility, access, and parking, and is surrounded by established commercial and residential developments. Recent senior living developments, multi-family housing, and mixed-use developments in the area have increased the location's profile. The property is a Class A retail space with all-new construction and a gray shell condition. Multiple suites and layouts are available.
Key Highlights
- Highway 395 Frontage with Excellent Visibility and Access
- Prime Location in South Kennewick near Southridge/Canyon Lakes Area
- All New Class A Retail Construction (Year Built: 2025)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,221
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,824,420
$2.8M
Cap Rate 7%
$2,017,443
$2.0M
Cap Rate 9%
$1,569,122
$1.6M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$216.0K $18.00/SF
− Vacancy
−$14.3K −$1.19/SF
EGI
$201.7K $16.81/SF
− OpEx
−$60.5K −$5.04/SF
NOI
$141.2K $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%
$2,824,420
Cap Rate 7%
$2,017,443
Cap Rate 9%
$1,569,122
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.35M
NOI $141,221 @ 7.0% cap · market cap 4,562.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $232,985 @ 7.0% cap · market cap 7,527.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
19,531 visits/mo
0.5 miles
Bank of America
Shops & Services
6,991 visits/mo
0.5 miles
76
Shops & Services
2,723 visits/mo
0.3 miles
Demographics for 99338, WA
19,117
Population
6,909
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
35.5 sq mi
ZIP Area
539
Density / Sq Mi
$116,002
Median Household Income
$55,295
Median Earnings
$1,474
Median Rent
$526,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - New retail center with highway frontage and ample parking.
Where is this retail space located?
The property is located at 2403 S Quillan Place Kennewick, WA.
What are key features of this property?
This property features: Highway 395 Frontage with Excellent Visibility and Access; Prime Location in South Kennewick near Southridge/Canyon Lakes Area; All New Class A Retail Construction (Year Built: 2025)
