Turnkey Retail
7509 West Deschutes Ave, Kennewick, WA 99336
For Sale
Contact for pricing
A fully occupied retail building offering immediate functionality in a commercial corridor near Columbia Center Mall.
Property Size9,315 SF
Price / SF$139.02
Days on Market456
Property Features for 7509 West Deschutes Ave
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Business Included
Building Details
Year Built
Tenancy
Listing Agency:
NAI Tri-Cities Commercial
(509) 947-0323
Listed By:
Bryce Logan · License WA #22021250
(509) 521-5396
Source:
Moodyscre
Added: Aug 12, 2025
Changed: Nov 8
Last Checked: Nov 10 at 6:56AM
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 NAI Tri-Cities Commercial
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Investment Insights
Based on property information with market context.
This 9,315-square-foot retail building was built in 1990 and is zoned CC. The property is fully occupied and presented as a turnkey, ready-to-operate space with existing operational functionality.
Located on West Deschutes Avenue in Kennewick, WA, the building sits in a vibrant commercial corridor with visibility and convenient access. It is described as being just minutes from Columbia Center Mall.
The current tenant is Hole in the Wall Shooting Range, a well-established local business. The building can be maintained in its current form or repurposed for future uses, depending on tenant and buyer plans.
Located on West Deschutes Avenue in Kennewick, WA, the building sits in a vibrant commercial corridor with visibility and convenient access. It is described as being just minutes from Columbia Center Mall.
The current tenant is Hole in the Wall Shooting Range, a well-established local business. The building can be maintained in its current form or repurposed for future uses, depending on tenant and buyer plans.
Key Highlights
- 9,315 SF retail building in Kennewick, WA
- Built in 1990 and zoned CC
- Fully occupied with an in‑place tenant (Hole in the Wall Shooting Range)
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
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
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Market
Properties on Market for Retail space in Kennewick
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A fully occupied retail building offering immediate functionality in a commercial corridor near Columbia Center Mall.
Where is this retail space located?
The property is located at 7509 West 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 in Kennewick, WA; Built in 1990 and zoned CC; Fully occupied with an in‑place tenant (Hole in the Wall Shooting Range)
