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Retail Space
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4033 W Van Giesen Unit G, West Richland, WA 99353

An 11,457-square-foot retail property built in 1998 is available for sale in West Richland.

Property Size11,457 SF
Price / SF$0.17
Days on Market225

Property Features for 4033 W Van Giesen Unit G

General Information

Standard status Active
Size 11,457 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $18,311

Building Details

Building Size 11,457 SF
Year Built 1998
Listing Agency: EverStar Realty
Listed By: Hai-Young Yang · License #16405
Source: Desertedgerealtygroup
Added: Mar 18 Changed: Oct 26 Last Checked: Oct 26 at 2:29PM

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 EverStar Realty

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Investment Insights

Based on property information with market context.

This retail space offers 11,457 square feet within a building constructed in 1998. The property is offered for sale at 4033 W Van Giesen, Unit G, in West Richland, Washington.

Key Highlights

  • 11,457 square feet of retail space
  • Built in 1998
  • Located at 4033 W Van Giesen, Unit G, West Richland, WA 99353

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$134,831
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,696,620 $2.7M
Cap Rate 7%
$1,926,157 $1.9M
Cap Rate 9%
$1,498,122 $1.5M
Market Conditions
NOI Build-Up for 11,457 SF
Gross rent
$206.2K $18.00/SF
− Vacancy
−$13.6K −$1.19/SF
EGI
$192.6K $16.81/SF
− OpEx
−$57.8K −$5.04/SF
NOI
$134.8K $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%
$2,696,620
Cap Rate 7%
$1,926,157
Cap Rate 9%
$1,498,122

Alternative Uses

Best Use
Retail
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $134,831 @ 7.0% cap · market cap 7,066.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M (±1% cap)
NOI $222,443 @ 7.0% cap · market cap 11,658.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Building Supply (Bike/Boat/Book/etc) Store Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 90% Dining 10%
Exxon Shops & Services
10,661 visits/mo 0.1 miles
Circle K Shops & Services
5,404 visits/mo 0.1 miles
SUBWAY Dining
1,711 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An 11,457-square-foot retail property built in 1998 is available for sale in West Richland.
Where is this retail space located?
The property is located at 4033 W Van Giesen Unit G West Richland, WA.
What are key features of this property?
This property features: 11,457 square feet of retail space; Built in 1998; Located at 4033 W Van Giesen, Unit G, West Richland, WA 99353
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