Office-Warehouse Flex
For Sale
Contact for pricing
6159 W Deschutes Unit 509-1, Kennewick, WA 99336
The office component includes a reception area, two private offices, and a restroom.
Property Size7,826 SF
Price / SF$0.25
Days on Market119
Property Features for 6159 W Deschutes Unit 509-1
General Information
Standard status
Active
Size
7,826 SF
Property subtype
Industrial
Warehouse & Industrial
Warehouse Space
780 SF
Office Build-Out
780 SF
Taxes and HOA fees
Annual Taxes
$5,679
Building Details
Building Size
7,826 SF
Year Built
2015
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: Jul 2
Changed: Oct 26
Last Checked: Oct 26 at 3:07PM
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
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.
This flex unit combines 780 square feet of office space with 780 square feet of warehouse area, totaling 1,560 square feet. The office includes a reception and waiting area, two private offices, and a restroom. Direct access connects the office to the warehouse. The building was constructed in 2015.
The unit is located at the corner of Deschutes Avenue and Kellogg Street in Kennewick.
The unit is located at the corner of Deschutes Avenue and Kellogg Street in Kennewick.
Key Highlights
- 1,560 square feet total, divided evenly between office and warehouse space
- Office area features reception and waiting space, two private offices, and a restroom
- Direct access between the office and warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,951
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,020
$919.0K
Cap Rate 7%
$656,443
$656.4K
Cap Rate 9%
$510,567
$510.6K
Market Conditions
NOI Build-Up for 7,826 SF
Gross rent
$70.4K $9.00/SF
− Vacancy
−$4.8K −$0.61/SF
EGI
$65.6K $8.39/SF
− OpEx
−$19.7K −$2.52/SF
NOI
$46.0K $5.87/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,020
Cap Rate 7%
$656,443
Cap Rate 9%
$510,567
Alternative Uses
Best Use
Flex RnD
$886.3K
$775.6K – $1.03M
NOI $62,044 @ 7.0% cap · market cap 3,181.74%
Second Best
Warehouse
$699.1K
$611.7K – $815.6K
NOI $48,937 @ 7.0% cap · market cap 2,509.59%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,945 @ 7.0% cap · market cap 7,792.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in West region
Similar Off Market Nearby
- Tsunami Catering — 5215 W Clearwater Ave #102, Kennewick, WA 99336
Frequently Asked Questions
What type of property is this?
Flex space - The office component includes a reception area, two private offices, and a restroom.
Where is this flex space located?
The property is located at 6159 W Deschutes Unit 509-1 Kennewick, WA.
What are key features of this property?
This property features: 1,560 square feet total, divided evenly between office and warehouse space; Office area features reception and waiting space, two private offices, and a restroom; Direct access between the office and warehouse
