Office Units at Professional
For Sale
Contact for pricing
500 N Morain, Kennewick, WA
Commercial Sale, Kennewick, WA
Property Size18,771 SF
Lot Size3.00 Acres
Price / SF$0.00
Days on Market1950
Property Features for 500 N Morain
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMCL OFFICE
Parking
75
Directions
Clearwater N on Morain
Standard status
Active
APN
***
Lot size
3.00 Acres
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
33017
Building Details
Year built
1983
Listing Agency:
SVN Retter & Company
(509) 737-9429
Listed By:
Scott Sautell · License ##109003
(509) 430-8986
Added: Jun 16, 2021
Changed: Oct 7
Last Checked: Oct 17 at 10:06PM
MLS# 254409
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units are available for sale within Waterwood Professional Center. The offering includes three spaces totaling 18,771 square feet, with one 12,000-square-foot suite that can be divided into two sections and a separate 6,771-square-foot space. Tenant improvements may be available depending on the transaction terms.
The property occupies 3 acres and was built in 1983. It carries COMMCL OFFICE zoning and is located at 500 N Morain in Kennewick, Washington, providing a defined setting for professional office operations.
The property occupies 3 acres and was built in 1983. It carries COMMCL OFFICE zoning and is located at 500 N Morain in Kennewick, Washington, providing a defined setting for professional office operations.
Key Highlights
- Three office spaces totaling 18,771 square feet
- 12,000‑square‑foot space can be split in half
- Additional 6,771‑square‑foot office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$288,136
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,762,720
$5.8M
Cap Rate 7%
$4,116,229
$4.1M
Cap Rate 9%
$3,201,511
$3.2M
Market Conditions
NOI Build-Up for 18,771 SF
Gross rent
$412.2K $21.96/SF
− Vacancy
−$28.0K −$1.49/SF
EGI
$384.2K $20.47/SF
− OpEx
−$96.0K −$5.12/SF
NOI
$288.1K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,762,720
Cap Rate 7%
$4,116,229
Cap Rate 9%
$3,201,511
Alternative Uses
Best Use
Office B
$4.12M
$3.60M – $4.80M
NOI $288,136 @ 7.0% cap · market cap 2,401,133.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.21M
$4.56M – $6.07M
NOI $364,447 @ 7.0% cap · market cap 3,037,058.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Multiple office configurations include a divisible larger suite and tenant improvements subject to transaction terms.
Where is this office units located?
The property is located at 500 N Morain Kennewick, WA.
What are key features of this property?
This property features: Three office spaces totaling 18,771 square feet; 12,000‑square‑foot space can be split in half; Additional 6,771‑square‑foot office space
