731 N Columbia Center Blvd Kennewick, WA 99336
100% leased shopping center with long-term tenants.
- Added:
- Jan 28, 2026
- Days on Market:
- 166
- Last Refresh:
- Jul 5 at 3:45 am
Property Features for 731 N Columbia Center Blvd
General Information
- Standard status
- Active
- Size
- 88,724 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing office Lee & Associates - Bellevue
Listing date Jan 28, 2026
Source Crexi
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 Lee & Associates - Bellevue
Investment Insights
Based on property information with market context.
Key Highlights
- 100% leased neighborhood shopping center.
- Anchored by Planet Fitness.
- High percentage (approximately 76%) of long‑term tenants (ten years or more).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.60M | $18.00 |
| − Vacancy | −$105.4k | −$1.19 |
| EGI | $1.49M | $16.81 |
| − OpEx | −$447.5k | −$5.04 |
| NOI | $1.04M | $11.77 |
Alternative Uses
Property Analytics
Current Use by Public Records
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