Retail Suite with Rear
For Sale
Contact for pricing
7303 W Canal Dr Unit B 102, Kennewick, WA 99336
An open front area and four enclosed rooms provide a varied layout within a shopping center.
Property Size8,295 SF
Price / SF$0.31
Days on Market55
Property Features for 7303 W Canal Dr Unit B 102
General Information
Standard status
Active
Size
8,295 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$8,626
Building Details
Building Size
8,295 SF
Year Built
1979
Listing Agency:
EverStar Realty
Listed By:
Melanie Hoefer
(509) 521-2041
Source:
Desertedgerealtygroup
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 26 at 3:07PM
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 EverStar Realty
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.
This 8,295-square-foot retail suite is arranged with an open area at the front and four rooms behind it. The property was built in 1979 and is part of Tri-Cities Center on Canal Drive in Kennewick.
Columbia Center Mall is nearby. The suite offers a combination of open retail area and separate rooms within the shopping complex.
Columbia Center Mall is nearby. The suite offers a combination of open retail area and separate rooms within the shopping complex.
Key Highlights
- 8,295 square feet of retail space
- Open area at the front with four rooms behind it
- Located in Tri‑Cities Center on Canal Drive
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,619
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,952,380
$2.0M
Cap Rate 7%
$1,394,557
$1.4M
Cap Rate 9%
$1,084,656
$1.1M
Market Conditions
NOI Build-Up for 8,295 SF
Gross rent
$149.3K $18.00/SF
− Vacancy
−$9.9K −$1.19/SF
EGI
$139.5K $16.81/SF
− OpEx
−$41.8K −$5.04/SF
NOI
$97.6K $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%
$1,952,380
Cap Rate 7%
$1,394,557
Cap Rate 9%
$1,084,656
Alternative Uses
Best Use
Retail
$1.39M
$1.22M – $1.63M
NOI $97,619 @ 7.0% cap · market cap 3,843.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $161,051 @ 7.0% cap · market cap 6,340.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
479k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 53%
Shops & Services 23%
Dining 22%
Electronics 1%
Macy's
Apparel
88,256 visits/mo
0.3 miles
JCPenney
Apparel
74,147 visits/mo
0.4 miles
Ross Dress for Less
Apparel
42,445 visits/mo
0.5 miles
Jo-Ann Fabric and Craft
Shops & Services
39,755 visits/mo
0.4 miles
Sportsman's Warehouse
Apparel
31,880 visits/mo
0.5 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
Frequently Asked Questions
What type of property is this?
Retail space - An open front area and four enclosed rooms provide a varied layout within a shopping center.
Where is this retail space located?
The property is located at 7303 W Canal Dr Unit B 102 Kennewick, WA.
What are key features of this property?
This property features: 8,295 square feet of retail space; Open area at the front with four rooms behind it; Located in Tri‑Cities Center on Canal Drive
