Restaurant with Included
For Sale
$1,900,000
7000 Okanogan Place, Kennewick, WA 99336
The sale includes the restaurant business, furnishings, fixtures, and equipment.
Property Size4,121 SF
Price / SF$461.05
Days on Market471
Property Features for 7000 Okanogan Place
General Information
Standard status
Active
Size
4,121 SF
Property subtype
Restaurant
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Building Size
4,121 SF
Year Built
2007
Listing Agency:
SVN Retter & Company
Listed By:
Scott Howell · License #131443
(509) 379-3111
Source:
Desertedgerealtygroup
Added: Jul 15, 2025
Changed: Oct 26
Last Checked: Oct 26 at 4:00PM
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
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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.
The restaurant property contains 4,121 square feet and was built in 2007. The sale includes the operating business along with its furniture, fixtures, and equipment.
At 7000 Okanogan Place in Kennewick, the site is accessed off Grandridge and Okanogan.
At 7000 Okanogan Place in Kennewick, the site is accessed off Grandridge and Okanogan.
Key Highlights
- 4,121‑square‑foot restaurant building constructed in 2007
- Sale includes the restaurant business, furniture, fixtures, and equipment
- Located at 7000 Okanogan Place, off Grandridge and Okanogan in Kennewick
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,489
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,780
$1.3M
Cap Rate 7%
$906,986
$907.0K
Cap Rate 9%
$705,433
$705.4K
Market Conditions
NOI Build-Up for 4,121 SF
Gross rent
$89.0K $21.60/SF
− Vacancy
−$4.4K −$1.06/SF
EGI
$84.7K $20.54/SF
− OpEx
−$21.2K −$5.14/SF
NOI
$63.5K $15.41/SF
Area
Benton County, WA
Vacancy
4.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,780
Cap Rate 7%
$906,986
Cap Rate 9%
$705,433
Alternative Uses
Best Use
Specialty Retail
$907.0K
$793.6K – $1.06M
NOI $63,489 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,011 @ 7.0% cap · market cap 4.21%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
318k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Apparel 28%
Shops & Services 17%
Hotels & Casinos 3%
Ross Dress for Less
Apparel
42,445 visits/mo
0.3 miles
McDonald's
Dining
34,907 visits/mo
0.4 miles
Sportsman's Warehouse
Apparel
31,880 visits/mo
0.3 miles
Michaels
Shops & Services
26,376 visits/mo
0.3 miles
Red Robin Gourmet Burgers
Dining
25,726 visits/mo
0.4 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?
Conventional restaurant - The sale includes the restaurant business, furnishings, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 7000 Okanogan Place Kennewick, WA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 4,121‑square‑foot restaurant building constructed in 2007; Sale includes the restaurant business, furniture, fixtures, and equipment; Located at 7000 Okanogan Place, off Grandridge and Okanogan in Kennewick
