Industrial Flex
For Sale
Contact for pricing
3320 Kennedy Rd, West Richland, WA 99353
New 2017 industrial flex building with 100% occupancy under recently executed 10-year NNN leases.
Property SizeContact for details
Days on Market121
Property Features for 3320 Kennedy Rd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
23,338 vehicles/day
Highway Access
Yes
Building Details
Year Built
2017
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Brian Mayer · License #WA 108682
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 8:21PM
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 Marcus & Millichap - Seattle
Investment Insights
Based on property information with market context.
New construction industrial flex building completed in 2017, currently 100% occupied. The building is leased to Budget Blinds and Affordable RV under long-term NNN leases that were recently renewed for new 10-year terms, with minimal landlord responsibilities.
Lease provisions include a 4% management fee reimbursement of base rent and annual rental increases of 2.5% to 3.0%. The property is situated near the signalized intersection of Keene Rd. and Kennedy Rd. with traffic counts of 23,338 VPD, and in close proximity to I-182.
According to the remarks, the property is located within a dominant retail trade area adjacent to Vintner Square and a Home Depot, Target, and Walmart-anchored power center, with additional nearby retailers including Marshalls, Ross, Grocery Outlet, Starbucks, Mod Pizza, Panera, Chase Bank, and The Habit Burger. The remarks also cite an average household income exceeding $116,000 within 5 miles and nearly 60% population growth in the Tri-Cities MSA since 2020.
Lease provisions include a 4% management fee reimbursement of base rent and annual rental increases of 2.5% to 3.0%. The property is situated near the signalized intersection of Keene Rd. and Kennedy Rd. with traffic counts of 23,338 VPD, and in close proximity to I-182.
According to the remarks, the property is located within a dominant retail trade area adjacent to Vintner Square and a Home Depot, Target, and Walmart-anchored power center, with additional nearby retailers including Marshalls, Ross, Grocery Outlet, Starbucks, Mod Pizza, Panera, Chase Bank, and The Habit Burger. The remarks also cite an average household income exceeding $116,000 within 5 miles and nearly 60% population growth in the Tri-Cities MSA since 2020.
Key Highlights
- New 2017 industrial flex building with 100% occupancy by Budget Blinds and Affordable RV
- Both tenants executed recently new 10‑year NNN leases with minimal landlord responsibilities
- Leases include a 4% management fee reimbursement of base rent
Property Analytics
Current Use
Lease Details
23,338 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99353, WA
17,934
Population
6,592
Households
2.7
Avg Household Size
37
Median Age
40%
College-Educated
93%
High-School Grad
25.8 sq mi
ZIP Area
695
Density / Sq Mi
$120,396
Median Household Income
$59,812
Median Earnings
$1,534
Median Rent
$407,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Fiesta Mexican Restaurant and Catering on Queensgate — 2731 Queensgate Dr, Richland, WA 99352
Frequently Asked Questions
What type of property is this?
Flex space - New 2017 industrial flex building with 100% occupancy under recently executed 10-year NNN leases.
Where is this flex space located?
The property is located at 3320 Kennedy Rd West Richland, WA.
What are key features of this property?
This property features: New 2017 industrial flex building with 100% occupancy by Budget Blinds and Affordable RV; Both tenants executed recently new 10‑year NNN leases with minimal landlord responsibilities; Leases include a 4% management fee reimbursement of base rent
