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Corner Office Suite
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5219 W Clearwater Avenue # 1, Kennewick, WA 99336

A front-facing workspace includes reception, two private offices, and a restroom.

Property Size23,511 SF
Price / SF$0.03
Days on Market98

Property Features for 5219 W Clearwater Avenue # 1

General Information

Standard status Active
Size 23,511 SF
Property subtype COMMERCIAL

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $19,926

Building Details

Building Size 23,511 SF
Year Built 1978
Listing Agency: Crown Property Management
Listed By: Harlan Huston · License #114530
Source: Desertedgerealtygroup
Added: Jul 23 Changed: Oct 27 Last Checked: Oct 27 at 4:03AM

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

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.

Suite 1 offers 447 square feet in the Marineland Medical Center, with a corner position at the front of the building. Its layout includes a reception area, two private offices, and a restroom. The building was constructed in 1978 and provides parking for occupants and visitors.

The office is at 5219 W Clearwater Avenue in Kennewick, near Edison Street. Availability is scheduled for 11/01/2026, with a 3-year minimum lease term.

Key Highlights

  • 447‑square‑foot office suite with a front corner position
  • Reception area, two private offices, and a restroom
  • Located at 5219 W Clearwater Avenue near Edison Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$348,952
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,979,040 $7.0M
Cap Rate 7%
$4,985,029 $5.0M
Cap Rate 9%
$3,877,244 $3.9M
Market Conditions
NOI Build-Up for 23,511 SF
Gross rent
$620.7K $26.40/SF
− Vacancy
−$39.1K −$1.66/SF
EGI
$581.6K $24.74/SF
− OpEx
−$232.6K −$9.89/SF
NOI
$349.0K $14.84/SF
Area
Benton County, WA
Vacancy
6.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,979,040
Cap Rate 7%
$4,985,029
Cap Rate 9%
$3,877,244

Alternative Uses

Best Use
Office B
$5.16M
$4.51M – $6.01M (±1% cap)
NOI $360,895 @ 7.0% cap · market cap 49,778.62%
Second Best
Healthcare Medical
$4.99M
$4.36M – $5.82M (±1% cap)
NOI $348,952 @ 7.0% cap · market cap 48,131.31%
Theoretical Best
Office A
$6.52M
$5.71M – $7.61M (±1% cap)
NOI $456,476 @ 7.0% cap · market cap 62,962.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Marineland Medical Professional ... Medical Clinic Marineland Dental Care Dental Office Marineland Dental Care ... Dental Office Columbia Dental Care Dental Office Dentures 4 U: ... Dental Office

Suggested Use

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

642
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

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 - A front-facing workspace includes reception, two private offices, and a restroom.
Where is this office unit located?
The property is located at 5219 W Clearwater Avenue # 1 Kennewick, WA.
What are key features of this property?
This property features: 447‑square‑foot office suite with a front corner position; Reception area, two private offices, and a restroom; Located at 5219 W Clearwater Avenue near Edison Street
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Includes: Price & PSF · Cap rate · Location · Zoning

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