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End-Cap Retail Suite
For Sale
Contact for pricing

466 Keene Road, Richland, WA 99352

Floor-to-ceiling glazing, utility connections, and framing for two ADA restrooms support the suite’s build-out.

Property Size8,843 SF
Price / SF$0.00
Days on Market21

Property Features for 466 Keene Road

General Information

Standard status Active
Size 8,843 SF
Property subtype Retail

Site & Location

End Cap Yes
Utilities to Site Yes

Building Details

Building Size 8,843 SF
Year Built 2025
Listing Agency: SVN Retter & Company
Listed By: Scott Howell · License #131443
Source: Desertedgerealtygroup
Added: Oct 8 Changed: Oct 26 Last Checked: Oct 26 at 4:06PM

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 SVN Retter & Company

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 8,843 SF retail suite is in a 2025 building and is delivered in warm gray shell condition. The end-cap space features floor-to-ceiling glass, utilities connected to the suite, and framing for two ADA restrooms. One suite remains available in the building.

The property is at 466 Keene Road in Richland, next to Yoke’s grocery retailer.

Key Highlights

  • 8,843 SF retail space in a 2025 building
  • End‑cap configuration with floor‑to‑ceiling glass
  • Utilities connected to the suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,068
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,081,360 $2.1M
Cap Rate 7%
$1,486,686 $1.5M
Cap Rate 9%
$1,156,311 $1.2M
Market Conditions
NOI Build-Up for 8,843 SF
Gross rent
$159.2K $18.00/SF
− Vacancy
−$10.5K −$1.19/SF
EGI
$148.7K $16.81/SF
− OpEx
−$44.6K −$5.04/SF
NOI
$104.1K $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%
$2,081,360
Cap Rate 7%
$1,486,686
Cap Rate 9%
$1,156,311

Alternative Uses

Best Use
Retail
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,068 @ 7.0% cap · market cap 297,337.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M (±1% cap)
NOI $171,691 @ 7.0% cap · market cap 490,545.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 97% Shops & Services 3%
Dutch Bros. Coffee Dining
17,595 visits/mo 0.1 miles
The Original Pancake House Dining
7,562 visits/mo 0.1 miles
Wild Birds Unlimited Shops & Services
735 visits/mo 0.1 miles

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value

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 - Floor-to-ceiling glazing, utility connections, and framing for two ADA restrooms support the suite’s build-out.
Where is this retail space located?
The property is located at 466 Keene Road Richland, WA.
What are key features of this property?
This property features: 8,843 SF retail space in a 2025 building; End‑cap configuration with floor‑to‑ceiling glass; Utilities connected to the suite
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Includes: Price & PSF · Cap rate · Location · Zoning

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