Six-Office Professional
For Sale
Contact for pricing
3321 W Kennewick Avenue Unit 140, Kennewick, WA 99336
Reception and waiting space, a break room, and on-site parking serve the suite’s office layout.
Property Size28,939 SF
Price / SF$0.05
Days on Market257
Property Features for 3321 W Kennewick Avenue Unit 140
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
reception/waiting area
break room
signage opportunities
Building Details
Building Size
28,939 SF
Year Built
1980
Buildings
1
Tenancy
Multi
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: Feb 13
Changed: Oct 27
Last Checked: Oct 26 at 2:13PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 200 offers approximately 1,180 SF, arranged with a reception and waiting area, six private offices, and a break room. The center building dates to 1980 and provides on-site parking and signage opportunities.
Kennewick Square is positioned west of Highway 395 in a retail corridor with big-box retailers, financial institutions, local shops, restaurants, and professional services. The property has convenient access to Highway 395.
Kennewick Square is positioned west of Highway 395 in a retail corridor with big-box retailers, financial institutions, local shops, restaurants, and professional services. The property has convenient access to Highway 395.
Key Highlights
- Approximately 1,180 SF in Suite 200
- Six private offices, plus a reception and waiting area
- Break room included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$444,215
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,884,300
$8.9M
Cap Rate 7%
$6,345,929
$6.3M
Cap Rate 9%
$4,935,722
$4.9M
Market Conditions
NOI Build-Up for 28,939 SF
Gross rent
$635.5K $21.96/SF
− Vacancy
−$43.2K −$1.49/SF
EGI
$592.3K $20.47/SF
− OpEx
−$148.1K −$5.12/SF
NOI
$444.2K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,884,300
Cap Rate 7%
$6,345,929
Cap Rate 9%
$4,935,722
Alternative Uses
Best Use
Office B
$6.35M
$5.55M – $7.40M
NOI $444,215 @ 7.0% cap · market cap 29,033.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.03M
$7.02M – $9.36M
NOI $561,863 @ 7.0% cap · market cap 36,723.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - Reception and waiting space, a break room, and on-site parking serve the suite’s office layout.
Where is this office unit located?
The property is located at 3321 W Kennewick Avenue Unit 140 Kennewick, WA.
What are key features of this property?
This property features: Approximately 1,180 SF in Suite 200; Six private offices, plus a reception and waiting area; Break room included
