Turnkey Retail Building Near
7509 W Deschutes Ave, Kennewick, WA 99336
Retail building with established business, near Columbia Center Mall.
Type:Retail
Property size:
9,315 SFPrice / SF:
$139/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Dec 3 at 5:36 am
Property Features for 7509 W Deschutes Ave
General Information
- Standard status
- Active
- Size
- 9,315 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agent Antonio Brown License #249520501
Listing office Sun Realty (239) 649-1990
Listing date Nov 21, 2025
Source Naiglobal
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 Sun Realty
HighLights
- Turnkey, income‑generating property.
- Well‑established local business (Hole in the Wall Shooting Range) with a loyal and growing membership base.
- Excellent visibility and easy access in a vibrant commercial corridor.
- Close proximity to the Columbia Center Mall.
- Flexibility to maintain current use or repurpose the ±9,315 SF building.
- Zoned CC (Commercial Corridor).
Overview
This approximately 9,315 square foot retail building, constructed in 1990, is zoned CC and located in a commercial corridor with high visibility and accessibility. It is situated minutes from the Columbia Center Mall. Currently operating as Hole in the Wall Shooting Range, the property benefits from a loyal and expanding membership base. The property offers flexibility for various future uses, whether maintained in its current form or repurposed. The property is available as is or for repurposing.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.22M
NOI $109,623 @ 9.00% cap · cautious / downside scenario
Moderate
$1.57M
NOI $109,623 @ 7.00% cap · market / base-case scenario
Aggressive
$2.19M
NOI $109,623 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.7k | $18.00 |
| − Vacancy | −$11.1k | −$1.19 |
| EGI | $156.6k | $16.81 |
| − OpEx | −$47.0k | −$5.04 |
| NOI | $109.6k | $11.77 |
9,315 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,623 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,855 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Hole In the Wall
Shooting Range
Manhattan Project Armory
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Kennewick
- County
- Benton
- State
- Washington
- Longitude
- -119.223444
- Latitude
- 46.212272
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Retail building with established business, near Columbia Center Mall.
Where is this storefront property located?
The property is located at 7509 W Deschutes Ave Kennewick, WA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Turnkey, income‑generating property.; Well‑established local business (Hole in the Wall Shooting Range) with a loyal and growing membership base.; Excellent visibility and easy access in a vibrant commercial corridor.
