Retail Space with Planned
For Sale
Contact for pricing
6827 W Clearwater Avenue, Kennewick, WA 99336
A freestanding commercial unit is scheduled for interior updates, including an ADA-compliant restroom.
Property Size1,344 SF
Price / SF$0.01
Days on Market35
Property Features for 6827 W Clearwater Avenue
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$1,960
Building Details
Building Size
1,344 SF
Year Built
1978
Listing Agency:
Kiemle& Hagood Company
Listed By:
Lance Bacon · License #25742
(509) 430-6547
Source:
Desertedgerealtygroup
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 27 at 4:12AM
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 Kiemle& Hagood Company
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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.
This 1,344-square-foot retail space at 6827 W Clearwater Avenue in Kennewick is a freestanding commercial unit. Interior work is planned, including installation of an ADA restroom, with the remodel expected to take about 60 days.
Built in 1978, the property is situated on Clearwater Avenue. Its standalone configuration and planned interior improvements define the available space.
Built in 1978, the property is situated on Clearwater Avenue. Its standalone configuration and planned interior improvements define the available space.
Key Highlights
- 1,344 square feet of retail space
- Freestanding property on W Clearwater Avenue in Kennewick
- Interior remodel expected to take about 60 days
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,817
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,340
$316.3K
Cap Rate 7%
$225,957
$226.0K
Cap Rate 9%
$175,744
$175.7K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$24.2K $18.00/SF
− Vacancy
−$1.6K −$1.19/SF
EGI
$22.6K $16.81/SF
− OpEx
−$6.8K −$5.04/SF
NOI
$15.8K $11.77/SF
Area
Benton County, WA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,340
Cap Rate 7%
$225,957
Cap Rate 9%
$175,744
Alternative Uses
Best Use
Retail
$226.0K
$197.7K – $263.6K
NOI $15,817 @ 7.0% cap · market cap 79,085.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$372.8K
$326.2K – $434.9K
NOI $26,094 @ 7.0% cap · market cap 130,470.00%
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
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Beauty & Spa 12%
Home Improvements & Furnishings 3%
Exxon
Shops & Services
5,813 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
5,355 visits/mo
0.4 miles
Circle K
Shops & Services
4,745 visits/mo
0.5 miles
Salon Centric
Beauty & Spa
2,519 visits/mo
0.2 miles
Safelite AutoGlass
Shops & Services
1,237 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A freestanding commercial unit is scheduled for interior updates, including an ADA-compliant restroom.
Where is this retail space located?
The property is located at 6827 W Clearwater Avenue Kennewick, WA.
What are key features of this property?
This property features: 1,344 square feet of retail space; Freestanding property on W Clearwater Avenue in Kennewick; Interior remodel expected to take about 60 days
