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3321 W Kennewick Avenue Unit 5Unit, Kennewick, WA 99336

Several suites can be combined or divided for office or light retail use.

Property Size28,939 SF
Price / SF$0.61
Days on Market257

Property Features for 3321 W Kennewick Avenue Unit 5Unit

General Information

Standard status Active
Size 28,939 SF
Property subtype Office

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $24,752

Amenities

multiple offices
break rooms
kitchenettes
conference rooms
restrooms

Building Details

Building Size 28,939 SF
Year Built 1980
Listing Agency: Crown Property Management
Listed By: Harlan Huston · License #114530
Source: Desertedgerealtygroup
Added: Feb 13 Changed: Oct 26 Last Checked: Oct 26 at 2:26PM

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 Crown Property Management

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Investment Insights

Based on property information with market context.

This multi-suite property offers flexible configurations across Suites 150, 160, 170, 180, and 190, with up to 13,171 +/- sf available. Interior features include multiple offices, break rooms, kitchenettes, conference rooms, and restrooms. The space can accommodate office or light retail use, and availability is scheduled for 08/03/2026.

Located west of Highway 395 in Kennewick Square, the property has convenient highway access and ample parking. The surrounding center includes professional services and restaurants, with big-box retailers, financial institutions, and local shops nearby. Signage opportunities are available.

Key Highlights

  • Suites 150, 160, 170, 180, and 190 offer multiple configuration options
  • Up to 13,171 +/- sf of office or light retail space
  • Includes offices, break rooms, kitchenettes, conference rooms, and restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$340,566
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,811,320 $6.8M
Cap Rate 7%
$4,865,229 $4.9M
Cap Rate 9%
$3,784,067 $3.8M
Market Conditions
NOI Build-Up for 28,939 SF
Gross rent
$520.9K $18.00/SF
− Vacancy
−$34.4K −$1.19/SF
EGI
$486.5K $16.81/SF
− OpEx
−$146.0K −$5.04/SF
NOI
$340.6K $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%
$6,811,320
Cap Rate 7%
$4,865,229
Cap Rate 9%
$3,784,067

Alternative Uses

Best Use
Office B
$6.35M
$5.55M – $7.40M (±1% cap)
NOI $444,215 @ 7.0% cap · market cap 2,529.70%
Second Best
Retail
$4.87M
$4.26M – $5.68M (±1% cap)
NOI $340,566 @ 7.0% cap · market cap 1,939.44%
Theoretical Best
Office A
$8.03M
$7.02M – $9.36M (±1% cap)
NOI $561,863 @ 7.0% cap · market cap 3,199.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Nicole Hamilton, PLLC Counselor Kennewick Square Business Service Center Inland Northwest AGC Association / Organization 3 Rivers Wraparound ... Family Counselor Lutheran Community Services ... Counselor

Suggested Use

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

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,089
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

Frequently Asked Questions

What type of property is this?
Office unit - Several suites can be combined or divided for office or light retail use.
Where is this office unit located?
The property is located at 3321 W Kennewick Avenue Unit 5Unit Kennewick, WA.
What are key features of this property?
This property features: Suites 150, 160, 170, 180, and 190 offer multiple configuration options; Up to 13,171 +/- sf of office or light retail space; Includes offices, break rooms, kitchenettes, conference rooms, and restrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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