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Multi-Office Suite
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7139 W Hood Place Unit 201, Kennewick, WA 99336

Upper-level workspace includes a conference room, reception area, and kitchenette.

Property Size5,625 SF
Price / SF$0.82
Days on Market373

Property Features for 7139 W Hood Place Unit 201

General Information

Standard status Active
Size 5,625 SF
Property subtype Office

Taxes and HOA fees

Annual Taxes $9,165

Amenities

seven private offices
conference room
reception/waiting area
break room with kitchenette

Building Details

Building Size 5,625 SF
Year Built 2003
Listing Agency: Crown Property Management
Listed By: Harlan Huston · License #114530
Source: Desertedgerealtygroup
Added: Oct 21, 2025 Changed: Oct 26 Last Checked: Oct 26 at 4:06PM

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

Rey
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.

Suite 201 is an upper-level office unit with approximately 2,902 square feet. Its layout includes seven private offices, a conference room, a reception and waiting area, and a break room with kitchenette. The building was constructed in 2003.

The property is in Kennewick’s Central Business District, near Columbia Center Boulevard and Columbia Center Mall. Retail, hotels, restaurants, and services are among the surrounding businesses. The building also offers parking.

Key Highlights

  • Approximately 2,902 square feet in Suite 201
  • Seven private offices plus a conference room
  • Reception and waiting area, with a break room and kitchenette

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,344
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,880 $1.7M
Cap Rate 7%
$1,233,486 $1.2M
Cap Rate 9%
$959,378 $959.4K
Market Conditions
NOI Build-Up for 5,625 SF
Gross rent
$123.5K $21.96/SF
− Vacancy
−$8.4K −$1.49/SF
EGI
$115.1K $20.47/SF
− OpEx
−$28.8K −$5.12/SF
NOI
$86.3K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,880
Cap Rate 7%
$1,233,486
Cap Rate 9%
$959,378

Alternative Uses

Best Use
Office B
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,344 @ 7.0% cap · market cap 1,879.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,212 @ 7.0% cap · market cap 2,376.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Aqua Salon Hair Salon

Suggested Use

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

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

1,548
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Upper-level workspace includes a conference room, reception area, and kitchenette.
Where is this office unit located?
The property is located at 7139 W Hood Place Unit 201 Kennewick, WA.
What are key features of this property?
This property features: Approximately 2,902 square feet in Suite 201; Seven private offices plus a conference room; Reception and waiting area, with a break room and kitchenette
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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