Restaurant Space with Existing
For Sale
Contact for pricing
4862 Hildebrand Boulevard, Kennewick, WA 99336
Specialty equipment and built-ins remain in place, alongside on-site parking.
Property Size8,314 SF
Price / SF$1.92
Days on Market340
Property Features for 4862 Hildebrand Boulevard
General Information
Standard status
Active
Size
8,314 SF
Property subtype
Restaurant
Site & Location
Traffic Count
19,668 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$22,943
Building Details
Building Size
8,314 SF
Year Built
2014
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: Nov 21, 2025
Changed: Oct 26
Last Checked: Oct 26 at 2:47PM
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 8,314-square-foot restaurant property was built in 2014 and retains specialty equipment and built-ins from its previous restaurant use. On-site parking is available, and the building occupies a signalized corner along Highway 395, where daily traffic counts are 19,668.
Nearby destinations include the Southridge sports and event complex, a 52-acre multi-sports development, and Numerica Pavilion, a 30,000-square-foot venue for events, tournaments, and recreational sports. Trios Health, Southridge High School, and Hampton Inn are also identified in the surrounding area.
Nearby destinations include the Southridge sports and event complex, a 52-acre multi-sports development, and Numerica Pavilion, a 30,000-square-foot venue for events, tournaments, and recreational sports. Trios Health, Southridge High School, and Hampton Inn are also identified in the surrounding area.
Key Highlights
- 8,314 SF restaurant space with specialty equipment and built‑ins
- Built in 2014
- Signalized corner along Highway 395 with daily traffic counts of 19,668
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,087
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,561,740
$2.6M
Cap Rate 7%
$1,829,814
$1.8M
Cap Rate 9%
$1,423,189
$1.4M
Market Conditions
NOI Build-Up for 8,314 SF
Gross rent
$179.6K $21.60/SF
− Vacancy
−$8.8K −$1.06/SF
EGI
$170.8K $20.54/SF
− OpEx
−$42.7K −$5.14/SF
NOI
$128.1K $15.41/SF
Area
Benton County, WA
Vacancy
4.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,561,740
Cap Rate 7%
$1,829,814
Cap Rate 9%
$1,423,189
Alternative Uses
Best Use
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $128,087 @ 7.0% cap · market cap 803.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,420 @ 7.0% cap · market cap 1,012.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
19,668 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
36k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Hotels & Casinos 17%
Taco Bell
Dining
15,185 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
8,363 visits/mo
0.1 miles
The Original Pancake House
Dining
6,001 visits/mo
0.1 miles
Comfort Suites Kennewick at Southridge
Hotels & Casinos
3,578 visits/mo
0.1 miles
Hampton Inn Kennewick at Southridge
Hotels & Casinos
2,673 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Specialty equipment and built-ins remain in place, alongside on-site parking.
Where is this conventional restaurant located?
The property is located at 4862 Hildebrand Boulevard Kennewick, WA.
What are key features of this property?
This property features: 8,314 SF restaurant space with specialty equipment and built‑ins; Built in 2014; Signalized corner along Highway 395 with daily traffic counts of 19,668
