Restaurant Building with
For Sale
Contact for pricing
4862 Hildebrand Boulevard, Kennewick, WA 99336
Commercial Sale, Kennewick, WA
Property Size8,314 SF
Lot Size1.38 Acres
Price / SF$1.92
Days on Market338
Property Features for 4862 Hildebrand Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMCL RETAIL
Parking
75
Directions
Off Hildebrand, next to Highway 395
Standard status
Active
APN
116891BP4410001
Lot size
1.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
22943
Building Details
Year built
2014
Listing Agency:
Crown Property Management
(509) 735-0415
Listed By:
Harlan Huston
(509) 851-2743
Added: Nov 21, 2025
Changed: Sep 30
Last Checked: Oct 25 at 11:06PM
MLS# 289012
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2014, this 8,314-square-foot restaurant property offers space suited to restaurant, bar, or entertainment use. Specialty equipment and built-in features remain in place. The site encompasses 1.38 acres and includes on-site parking. Commercial retail zoning is identified for the property.
The property sits along the Highway 395 corridor at a signalized intersection. Reported daily traffic on the highway is 19,668 vehicles. Nearby destinations include the Southridge sports and event complex, Numerica Pavilion, Trios Health, Southridge High School, and Hampton Inn.
The property sits along the Highway 395 corridor at a signalized intersection. Reported daily traffic on the highway is 19,668 vehicles. Nearby destinations include the Southridge sports and event complex, Numerica Pavilion, Trios Health, Southridge High School, and Hampton Inn.
Key Highlights
- 8,314 square feet of restaurant, bar, or entertainment space
- 1.38‑acre site with on‑site parking
- Built in 2014; specialty equipment and built‑in features remain
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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Property Analytics
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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
486
Businesses Nearby
166k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 78%
Dining 18%
Hotels & Casinos 4%
Walmart
Superstores
130,553 visits/mo
0.5 miles
Taco Bell
Dining
15,185 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
8,363 visits/mo
0.2 miles
The Original Pancake House
Dining
6,001 visits/mo
0.3 miles
Comfort Suites Kennewick at Southridge
Hotels & Casinos
3,578 visits/mo
0.2 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, built-in features, and on-site parking support the existing restaurant configuration.
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 square feet of restaurant, bar, or entertainment space; 1.38‑acre site with on‑site parking; Built in 2014; specialty equipment and built‑in features remain
