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Retail Center Anchored by O'Reilly

7201 W Clearwater Ave, Kennewick, WA 99336

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For Sale

$3,225,000

15,870 SF retail center in Kennewick, Washington for sale.

Type:Shopping Strip

Property size:

15,870 SF

Lot size:

1.16 Acres

Price / SF:

$203/SF

HighLights

Anchored by O’Reilly Auto Parts, a leading national retailer.
Excellent visibility and high traffic counts (17,431 vehicles per day) on W Clearwater Avenue.
Located in close proximity to major regional draws including Columbia Center, Costco, Lowe’s, and the Toyota Center.
Strong surrounding lineup of national retailers.
15,870‑square‑foot retail center with six suites.
Built in 1995.

We can help!

Listing Contact

Eric M. Garske

Learn more

For Sale

$3,225,000

15,870 SF retail center in Kennewick, Washington for sale.

Type:Shopping Strip

Property size:

15,870 SF

Lot size:

1.16 Acres

Price / SF:

$203/SF

Added:: Apr 3, 2026
Days on Market:: 67
Last Refresh:: Apr 3 at 5:13 am

Property Features for 7201 W Clearwater Ave

General Information

Standard status: Active
Size: 15,870 SF
Lot size: 1.16 Acres
Property subtype: Shopping Strip

Building Details

Year Built: 1995

We can help!

Listing Contact

Eric M. Garske

Listing agent Eric M. Garske License #OR: 201235586, ID: SP57407

Listing office Portland Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Portland Office

HighLights

Anchored by O’Reilly Auto Parts, a leading national retailer.
Excellent visibility and high traffic counts (17,431 vehicles per day) on W Clearwater Avenue.
Located in close proximity to major regional draws including Columbia Center, Costco, Lowe’s, and the Toyota Center.
Strong surrounding lineup of national retailers.
15,870‑square‑foot retail center with six suites.
Built in 1995.

Overview

Located at 7201 W Clearwater Ave in Kennewick, Washington, this retail center encompasses 15,870 square feet across two buildings, situated on a 1.16-acre lot. Constructed in 1995, the property features six suites and is anchored by O’Reilly Auto Parts. Benefiting from its location along W Clearwater Avenue, the center experiences traffic counts of approximately 17,431 vehicles per day. The property is positioned near Mercedes-Benz of Tri-Cities and is in proximity to regional destinations such as Columbia Center, Costco, Lowe’s, and the Toyota Center. These nearby establishments contribute to consistent customer traffic for the center's tenants.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$285.7k	$18.00
− Vacancy	−$18.9k	−$1.19
EGI	$266.8k	$16.81
− OpEx	−$80.0k	−$5.04
NOI	$186.8k	$11.77

15,870 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.67M

$2.33M – $3.11M (±1% cap)

NOI $186,765 @ 7.0% cap · market cap 5.79%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.40M

$3.85M – $5.14M (±1% cap)

NOI $308,123 @ 7.0% cap · market cap 9.55%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

JD Barbershop & Salon Barber Shop Moonstone Aesthetics Hair Salon Breshears Professional Photography Photography Service O'Reilly Auto Parts Auto Parts Store Plateau Press Marketing & Advertising

Suggested Use

Similar Places Nearby

Kennewick Plaza — 2825 W Kennewick Ave, Kennewick, WA 99336
Towne Square — 3902 W Clearwater Ave #3900, Kennewick, WA 99336
Clearwater Plaza — 3150 W Clearwater Ave, Kennewick, WA 99336, United States

Location Insight

Map
Local Demand

City: Kennewick
County: Benton
State: Washington
Longitude: -119.217619
Latitude: 46.209624

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For sale
Shopping centers
WA
Kennewick
99336
7201 W Clearwater Ave

What type of property is this?

Shopping center - 15,870 SF retail center in Kennewick, Washington for sale.

Where is this shopping center located?

The property is located at 7201 W Clearwater Ave Kennewick, WA.

What is the asking price?

The asking price for this property is $3,225,000.

What are key features of this property?

This property features: Anchored by O’Reilly Auto Parts, a leading national retailer.; Excellent visibility and high traffic counts (17,431 vehicles per day) on W Clearwater Avenue.; Located in close proximity to major regional draws including Columbia Center, Costco, Lowe’s, and the Toyota Center.

7201 W Clearwater Ave, Kennewick, WA 99336

15,870 SF retail center in Kennewick, Washington for sale.

Property Features for 7201 W Clearwater Ave

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Manufactured Home and Shop Property

Remodeled Tri-Plex on Spacious Lot

Turnkey Fourplex with Central Air

Kennewick Multifamily Investment Opportunity

Kennewick Triplex: Income Property

New Construction Duplex in Kennewick

Kennewick Duplex with Spacious Units

Kennewick Four-Plex Investment Opportunity

Kennewick Four-Plex Investment Opportunity

Kennewick Avenue Commercial Building

Kennewick Duplex: Turnkey Investment

Retail/Office/Warehouse with Storage Building

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