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Retail Suites with Open Floor Plans

7034 W Clearwater, Kennewick, WA 99336

For Sale
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Contact for pricing

Commercial Sale, Kennewick, WA

Property Size1,562 SF
Lot Size1.00 Acre
Price / SF$0.02
Days on Market1

Property Features for 7034 W Clearwater

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMCL GENERAL
Parking 31
Directions From Columbia Center head West on Clearwater, property is on the North side.
Standard status Active
APN 105892000002013
Size 1,562 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13024

Amenities

open, flexible floor plan
polished concrete flooring
modern lighting
large windows providing natural light
private ADA-compliant restroom

Building Details

Year built 2024
Listing Agency: StrickerCRE
Listed By: Jazmine Murillo · License WA #123853
Added: Nov 10 Last Checked: Nov 10 at 8:06PM
MLS# 297770

Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The 2024-built property offers two retail suites, each measuring approximately 1,562 square feet. Both spaces have open layouts, polished concrete flooring, contemporary lighting, large windows, and a private ADA-compliant restroom. General commercial zoning supports a range of commercial occupancy, subject to applicable requirements.

Located at 7034 W Clearwater in Kennewick, the suites are positioned along W Clearwater Avenue. The flexible interiors can accommodate varied business layouts.

Key Highlights

  • Two retail suites, each approximately 1,562 square feet
  • Built in 2024
  • Open layouts with polished concrete flooring and modern lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,382
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,640 $367.6K
Cap Rate 7%
$262,600 $262.6K
Cap Rate 9%
$204,244 $204.2K
Market Conditions
NOI Build-Up for 1,562 SF
Gross rent
$28.1K $18.00/SF
− Vacancy
−$1.9K −$1.19/SF
EGI
$26.3K $16.81/SF
− OpEx
−$7.9K −$5.04/SF
NOI
$18.4K $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%
$367,640
Cap Rate 7%
$262,600
Cap Rate 9%
$204,244

Alternative Uses

Best Use
Retail
$262.6K
$229.8K – $306.4K (±1% cap)
NOI $18,382 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$433.2K
$379.1K – $505.5K (±1% cap)
NOI $30,327 @ 7.0% cap
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

Retail space

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage

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

1,146
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 21% Apparel 19% Beauty & Spa 3%
McDonald's Dining
27,379 visits/mo 0.3 miles
Goodwill Apparel
17,951 visits/mo 0.3 miles
Starbucks Dining
11,929 visits/mo 0.4 miles
Mister Car Wash Shops & Services
9,661 visits/mo 0.5 miles
Taco Time Dining
6,244 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

Properties on Market for Retail space in Kennewick

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two flexible commercial spaces feature natural light, polished concrete floors, and private ADA-compliant restrooms.
Where is this retail space located?
The property is located at 7034 W Clearwater Kennewick, WA.
What are key features of this property?
This property features: Two retail suites, each approximately 1,562 square feet; Built in 2024; Open layouts with polished concrete flooring and modern lighting
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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