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Single-Tenant Office Building
New
For Sale
$450,000

27 N Morain, Kennewick, WA 99336

SINGLE_FAMILY - Kennewick, WA

Property SizeContact for details
Lot Size0.30 Acres
Days on Market7

Property Features for 27 N Morain

General Information

Property type Residential
Property subtype Office
Zoning COMMCL RETAIL
Subdivision Kennewick Cntrl
Directions Between Clearwater and Kennewick Ave
Standard status Active
APN 103892030000010
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2196

Building Details

Year built 1950
Listing Agency: SVN Retter & Company
Listed By: Ashley Moala · License ##138102
Added: Aug 5 Last Checked: Aug 11 at 11:06PM
MLS# 295295

Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1950 office building is configured for a single occupant and includes a reception area, four private offices, storage areas, one conference room, washer and dryer hookups, and a large open area with a kitchen. The property sits on a 0.298-acre lot and includes fully digital monument signage. Zoning is COMMCL RETAIL.

The current tenant occupies the building under a 5-year NNN lease running from 11/2024 through 10/2029, with 3% annual increases and the next escalation scheduled for 11/2026. The asset is fully leased and offered at a 6.67% cap rate.

Key Highlights

  • Fully leased single‑tenant office building
  • 5‑year NNN lease from 11/2024 through 10/2029
  • 3% annual lease increases; next escalation in 11/2026

Property Analytics

Current Use

Estherbrook Inc. Saladmaster (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Acupuncture Electrical Service Butcher Parking Lot & Garage

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

967
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with a 5-year NNN lease and digital monument signage.
Where is this office building located?
The property is located at 27 N Morain Kennewick, WA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully leased single‑tenant office building; 5‑year NNN lease from 11/2024 through 10/2029; 3% annual lease increases; next escalation in 11/2026
More about this property
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