Shell-Condition Medical Office
For Sale
Contact for pricing
3601 Plaza Way Unit 120#A, Kennewick, WA 99338
The 2023-built space is delivered in shell condition for a custom interior buildout.
Property Size6,297 SF
Price / SF$0.53
Days on Market442
Property Features for 3601 Plaza Way Unit 120#A
General Information
Standard status
Active
Size
6,297 SF
Property subtype
Retail
Additional Details
Condition
Shell
Highway Access
Yes
Property Use
Medical/Retail
Building Details
Building Size
6,297 SF
Year Built
2023
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: Aug 12, 2025
Changed: Oct 27
Last Checked: Oct 27 at 4:06AM
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.
Suite 120 #A comprises approximately 1,594 SF in a medical office property built in 2023. The space is offered in shell condition, allowing the interior to be configured for its intended use.
The property is positioned along Highway 395 between Trios Hospital and Kadlec Clinic, with BestMed Urgent Care as an anchor. Suite 120 #A may be combined with Suite 120 #B for approximately 3,188 SF total.
The property is positioned along Highway 395 between Trios Hospital and Kadlec Clinic, with BestMed Urgent Care as an anchor. Suite 120 #A may be combined with Suite 120 #B for approximately 3,188 SF total.
Key Highlights
- Approximately 1,594 +/- sf in Suite 120 #A
- Shell condition for a customized buildout
- Built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,106
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,120
$1.5M
Cap Rate 7%
$1,058,657
$1.1M
Cap Rate 9%
$823,400
$823.4K
Market Conditions
NOI Build-Up for 6,297 SF
Gross rent
$113.3K $18.00/SF
− Vacancy
−$7.5K −$1.19/SF
EGI
$105.9K $16.81/SF
− OpEx
−$31.8K −$5.04/SF
NOI
$74.1K $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%
$1,482,120
Cap Rate 7%
$1,058,657
Cap Rate 9%
$823,400
Alternative Uses
Best Use
Office B
$1.38M
$1.21M – $1.61M
NOI $96,659 @ 7.0% cap · market cap 2,911.42%
Second Best
Healthcare Medical
$1.34M
$1.17M – $1.56M
NOI $93,461 @ 7.0% cap · market cap 2,815.09%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,259 @ 7.0% cap · market cap 3,682.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99338, WA
19,117
Population
6,909
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
35.5 sq mi
ZIP Area
539
Density / Sq Mi
$116,002
Median Household Income
$55,295
Median Earnings
$1,474
Median Rent
$526,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- VCA Southridge Animal Hospital — 3711 Plaza Way, Kennewick, WA 99338
- Petco Vaccination Clinic — 4012 W 27th Ave, Kennewick, WA 99337
Frequently Asked Questions
What type of property is this?
Medical Office Space - The 2023-built space is delivered in shell condition for a custom interior buildout.
Where is this medical office space located?
The property is located at 3601 Plaza Way Unit 120#A Kennewick, WA.
What are key features of this property?
This property features: Approximately 1,594 +/- sf in Suite 120 #A; Shell condition for a customized buildout; Built in 2023
