Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kennewick Retail Space For Sale Title is generated by Realmo AI

    2403 S Quillan Place, Kennewick, WA 99338

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    New retail center with highway frontage and ample parking.

    Type:Retail
    Added:
    Mar 6, 2026
    Days on Market:
    81
    Last Refresh:
    Apr 6 at 12:24 am

    Property Features for 2403 S Quillan Place

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2025

    Properties For Sale

    at 2403 S Quillan Place Contact us

    We can help!

    Listing Contact
    Rob Ellsworth, CCIM

    Listing agent Rob Ellsworth, CCIM License #WA #17790

    Listing office SVN Retter & Company

    Listing date Mar 6, 2026

    Source Svn

    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

    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)
    • Ample Parking
    • Multiple Suites/Layouts Available offering Flexible Floor Plans
    • Gray Shell Condition allowing for Customization

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennewick
    County
    Benton
    State
    Washington
    Longitude
    -119.174
    Latitude
    46.2053

    Nearby Similar for Sale

    • $699,999
      3,680 SF

      Kennewick Fiveplex Investment Opportunity

      Centrally located Kennewick fiveplex with potential for additional unit.
      4110 W Kennewick Ave, Kennewick, WA 99336
      View Details
    • $550,000
      3,064 SF

      Remodeled Tri-Plex on Spacious Lot

      Income-generating triplex with remodeled units on a large lot.
      224204 E Main Street, Kennewick, WA 99337
      View Details
    • $419,900
      2,564 SF

      Kennewick Duplex with Spacious Units

      Spacious Kennewick duplex with 3 bedrooms, 1.75 baths per unit.
      903 N Neel St, Kennewick, WA 99336
      View Details
    • $549,900
      2,925 SF

      New Construction Duplex in Kennewick

      Modern duplex with open living spaces and investment potential.
      1019 E 6th Ave, Kennewick, WA 99336
      View Details
    • $415,000
      1,314 SF

      Kennewick Duplex: Turnkey Investment

      Updated duplex in Kennewick with rental income potential.
      1108 W Entiat Ave, Kennewick, WA 99336
      View Details
    • $350,000
      5,000 SF

      Kennewick Avenue Commercial Building

      Commercial building suitable for investment or owner-user with retail/office potential.
      315 W Kennewick Ave, Kennewick, WA 99336
      View Details
    • $1,850,000
      9,468 SF

      Retail/Office/Warehouse with Storage Building

      Two buildings on one acre in Kennewick, Washington.
      6202 W. Deschutes Ave., Kennewick, WA
      View Details
    • $9,000,000
      82,864 SF

      Kennewick Value-Add Retail Center

      99% occupied retail center with value-add potential in Kennewick, WA.
      101 Vista Way, Kennewick, WA
      View Details
    • $2,700
      2,646 SF

      High Visibility Retail Space Available

      Retail space with high visibility and easy access.
      906 S Ely Street A, Kennewick, WA 99336
      View Details
    • $3,225,000
      15,870 SF

      Retail Center Anchored by O'Reilly

      15,870 SF retail center in Kennewick, Washington for sale.
      7201 W Clearwater Ave, Kennewick, WA 99336
      View Details
    • $3,048
      10,008 SF

      Clearwater Avenue Commercial Space Available

      Iconic building with retail and office spaces on Clearwater.
      4415 W Clearwater Ave 13-14, Kennewick, WA 99336
      View Details
    • $899,000
      2,746 SF

      Established Restaurant Near Downtown Kennewick

      Established restaurant near downtown Kennewick with a healthy customer base.
      808 W Vineyard Dr, Kennewick, WA
      View Details

    FAQs

    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 is the asking price?
    The asking price for this property is Off market.
    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)
    (509) 430-2378
    We can help!
    Listing Contact
    Rob Ellsworth, CCIM
    Real Estate License ID: WA #17790
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2403 S. Quillan Place, Kennewick, WA 99338
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!