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Retail Space
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7034 W Clearwater Ave Unit 150, Kennewick, WA 99336

The 2025-built suite offers 1,562 square feet in vanilla shell condition.

Property Size1,562 SF
Price / SF$2.24
Days on Market124

Property Features for 7034 W Clearwater Ave Unit 150

General Information

Standard status Active
Size 1,562 SF
Property subtype Retail

Property Condition

Severity Repairs Needed
Evidence minimal improvements needed

Taxes and HOA fees

Annual Taxes $7,882

Building Details

Building Size 1,562 SF
Year Built 2025
Listing Agency: SVN Retter & Company
Listed By: Rob Ellsworth · License ##17790
Source: Desertedgerealtygroup
Added: Jun 26 Changed: Oct 27 Last Checked: Oct 27 at 4:13AM

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

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.

This 1,562-square-foot retail suite was built in 2025 and is presented in vanilla shell condition. The space is located at 7034 W Clearwater Ave, Unit 150, in Kennewick, Washington.

Key Highlights

  • 1,562‑square‑foot retail suite
  • Built in 2025
  • Vanilla shell condition

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 · market cap 525.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$433.2K
$379.1K – $505.5K (±1% cap)
NOI $30,327 @ 7.0% cap · market cap 866.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Locksmith Daycare Center Butcher

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

1,062
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Apparel 30% Shops & Services 12% Beauty & Spa 4%
McDonald's Dining
27,379 visits/mo 0.5 miles
Goodwill Apparel
17,951 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
5,355 visits/mo 0.2 miles
Salon Centric Beauty & Spa
2,519 visits/mo 0.3 miles
SUBWAY Dining
2,035 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

Market

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 - The 2025-built suite offers 1,562 square feet in vanilla shell condition.
Where is this retail space located?
The property is located at 7034 W Clearwater Ave Unit 150 Kennewick, WA.
What are key features of this property?
This property features: 1,562‑square‑foot retail suite; Built in 2025; Vanilla shell condition
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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