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Office Suite with Private Offices
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7401 W Hood Place Unit 110, Kennewick, WA 99336

A client-facing layout includes a reception area, a waiting area, and a dedicated receptionist office.

Property Size20,813 SF
Price / SF$0.16
Days on Market15

Property Features for 7401 W Hood Place Unit 110

General Information

Standard status Active
Size 20,813 SF
Property subtype Office

Taxes and HOA fees

Annual Taxes $21,122

Amenities

ample parking

Building Details

Building Size 20,813 SF
Year Built 1995
Tenancy Multi
Listing Agency: Crown Property Management
Listed By: Harlan Huston · License #114530
Source: Desertedgerealtygroup
Added: Oct 14 Changed: Oct 27 Last Checked: Oct 27 at 3:48AM

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

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Investment Insights

Based on property information with market context.

Suite 110 contains five private offices alongside an open reception area, a separate receptionist office, and a waiting area. The 1,866-square-foot layout is positioned near the building’s main entrance and serves professional or administrative office functions.

The property is in Kennewick’s Central Business District. The building’s tenant mix includes medical professionals and home healthcare services, and the building was constructed in 1995.

Key Highlights

  • 1,866 square feet with five private offices
  • Open reception area, dedicated receptionist office, and waiting area
  • Suite 110 is near the building’s main front entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$319,480
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,389,600 $6.4M
Cap Rate 7%
$4,564,000 $4.6M
Cap Rate 9%
$3,549,778 $3.5M
Market Conditions
NOI Build-Up for 20,813 SF
Gross rent
$457.1K $21.96/SF
− Vacancy
−$31.1K −$1.49/SF
EGI
$426.0K $20.47/SF
− OpEx
−$106.5K −$5.12/SF
NOI
$319.5K $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%
$6,389,600
Cap Rate 7%
$4,564,000
Cap Rate 9%
$3,549,778

Alternative Uses

Best Use
Office B
$4.56M
$3.99M – $5.32M (±1% cap)
NOI $319,480 @ 7.0% cap · market cap 9,784.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.77M
$5.05M – $6.73M (±1% cap)
NOI $404,093 @ 7.0% cap · market cap 12,376.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Sandhollow Homes, LLC Construction Company Dr. Matthew R. ... Physician Parke Gordon Law Law Firm Peak Networks IT Consulting Firm Susan Brendel Physician

Suggested Use

Top Pick Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Storage Facility Food Market Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,762
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 - A client-facing layout includes a reception area, a waiting area, and a dedicated receptionist office.
Where is this office unit located?
The property is located at 7401 W Hood Place Unit 110 Kennewick, WA.
What are key features of this property?
This property features: 1,866 square feet with five private offices; Open reception area, dedicated receptionist office, and waiting area; Suite 110 is near the building’s main front entrance
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Includes: Price & PSF · Cap rate · Location · Zoning

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