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Office Suite with Private Offices
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5150 W Clearwater Ave # 120, Kennewick, WA 99336

Includes a reception area, conference room, break room, and individual HVAC.

Property Size3,035 SF
Price / SF$0.89
Days on Market142

Property Features for 5150 W Clearwater Ave # 120

General Information

Standard status Active
Size 3,035 SF
Property subtype COMMERCIAL

Additional Details

Condition Move-in Ready
Property Use Office

Taxes and HOA fees

Annual Taxes $9,270

Building Details

Building Size 3,035 SF
Year Built 2013
Listing Agency: SVN Retter & Company
Listed By: Kaysey Anderson · License ##24004705
Source: Desertedgerealtygroup
Added: Jun 9 Changed: Oct 26 Last Checked: Oct 26 at 3:52PM

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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Investment Insights

Based on property information with market context.

This 3,035-square-foot office unit, built in 2013, has private offices alongside a reception and waiting area. A conference room and break room are also part of the suite, with individual HVAC serving the space.

The property is at 5150 W Clearwater Ave in central Kennewick, with access to Tri-Cities business nodes. Its office layout includes spaces for staff work, meetings, and visitor reception.

Key Highlights

  • 3,035‑square‑foot office unit
  • Private offices with a dedicated reception and waiting area
  • Conference room and break room included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,587
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,740 $931.7K
Cap Rate 7%
$665,529 $665.5K
Cap Rate 9%
$517,633 $517.6K
Market Conditions
NOI Build-Up for 3,035 SF
Gross rent
$66.6K $21.96/SF
− Vacancy
−$4.5K −$1.49/SF
EGI
$62.1K $20.47/SF
− OpEx
−$15.5K −$5.12/SF
NOI
$46.6K $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%
$931,740
Cap Rate 7%
$665,529
Cap Rate 9%
$517,633

Alternative Uses

Best Use
Office B
$665.5K
$582.3K – $776.5K (±1% cap)
NOI $46,587 @ 7.0% cap · market cap 1,720.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$841.8K
$736.6K – $982.1K (±1% cap)
NOI $58,926 @ 7.0% cap · market cap 2,176.00%
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

Enterprise Rent-A-Car Car Rental Facility Farmers Insurance - Daryl ... Insurance Agency Farmers Insurance - Michael ... Insurance Agency FARMERS INSURANCE - JON ... Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Butcher Electrical Service Carpet & Flooring Store

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

670
Businesses Nearby

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
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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Includes a reception area, conference room, break room, and individual HVAC.
Where is this office unit located?
The property is located at 5150 W Clearwater Ave # 120 Kennewick, WA.
What are key features of this property?
This property features: 3,035‑square‑foot office unit; Private offices with a dedicated reception and waiting area; Conference room and break room included
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Includes: Price & PSF · Cap rate · Location · Zoning

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