Occupied Retail
7509 W Deschutes Ave, Kennewick, WA 99336
For Sale
$1,295,000
Commercial Sale, Kennewick, WA
Property Size9,315 SF
Lot Size0.59 Acres
Price / SF$139.02
Days on Market469
Property Features for 7509 W Deschutes Ave
General Information
Property type
Property subtype
Zoning
Parking
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Listing Agency:
NAI Tri-Cities Commercial
(509) 943-5200
Listed By:
Bryce Logan · License WA #22021250
(509) 521-5396
Added: Jul 30, 2025
Changed: Oct 12
Last Checked: Nov 10 at 7:06PM
MLS# 286552
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a 9,315-square-foot retail building at 7509 W Deschutes Ave in Kennewick, Washington. Constructed in 1990, the building is currently fully occupied by Hole in the Wall Shooting Range, an established local business operating from the site.
The property is located near Columbia Center Mall in Kennewick’s commercial area. Its existing retail configuration and current occupancy provide a functioning commercial setting for the present operation.
The property is located near Columbia Center Mall in Kennewick’s commercial area. Its existing retail configuration and current occupancy provide a functioning commercial setting for the present operation.
Key Highlights
- 9,315 SF retail building
- Fully occupied by Hole in the Wall Shooting Range
- Built in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,623
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,192,460
$2.2M
Cap Rate 7%
$1,566,043
$1.6M
Cap Rate 9%
$1,218,033
$1.2M
Market Conditions
NOI Build-Up for 9,315 SF
Gross rent
$167.7K $18.00/SF
− Vacancy
−$11.1K −$1.19/SF
EGI
$156.6K $16.81/SF
− OpEx
−$47.0K −$5.04/SF
NOI
$109.6K $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%
$2,192,460
Cap Rate 7%
$1,566,043
Cap Rate 9%
$1,218,033
Alternative Uses
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
206k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 21%
Apparel 9%
Groceries 5%
Texas Roadhouse
Dining
36,799 visits/mo
0.5 miles
McDonald's
Dining
27,379 visits/mo
0.2 miles
Circle K
Shops & Services
24,976 visits/mo
0.2 miles
Applebee's
Dining
19,094 visits/mo
0.3 miles
Goodwill
Apparel
17,951 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Storefront properties in Kennewick
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building currently occupied by an established shooting-range 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: 9,315 SF retail building; Fully occupied by Hole in the Wall Shooting Range; Built in 1990
