Columbia Plaza Retail
For Sale
Contact for pricing
7903 W Grandridge Unit S, Kennewick, WA 99336
The plaza’s tenant mix includes businesses in personal care, professional services, and cabinetry.
Property Size19,952 SF
Price / SF$0.12
Days on Market566
Property Features for 7903 W Grandridge Unit S
General Information
Standard status
Active
Size
19,952 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$24,192
Building Details
Building Size
19,952 SF
Year Built
1988
Listing Agency:
EverStar Realty
Listed By:
Hai-Young Yang · License #16405
(509) 594-0433
Source:
Desertedgerealtygroup
Added: Apr 11, 2025
Changed: Oct 26
Last Checked: Oct 26 at 3:53PM
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 EverStar Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space at Columbia Plaza measures 19,952 square feet. The building was constructed in 1988.
The property is on W Grandridge in Kennewick, two blocks from Columbia Center Boulevard. Businesses at the plaza include Family Eyecare, Farmers Insurance, Bee Nails & Spa, Miracle Ear, and Calvary Chapel, along with cabinetry, massage, and beauty businesses.
The property is on W Grandridge in Kennewick, two blocks from Columbia Center Boulevard. Businesses at the plaza include Family Eyecare, Farmers Insurance, Bee Nails & Spa, Miracle Ear, and Calvary Chapel, along with cabinetry, massage, and beauty businesses.
Key Highlights
- 19,952‑square‑foot retail space
- Located at Columbia Plaza on W Grandridge in Kennewick
- Two blocks from Columbia Center Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,696,060
$4.7M
Cap Rate 7%
$3,354,329
$3.4M
Cap Rate 9%
$2,608,922
$2.6M
Market Conditions
NOI Build-Up for 19,952 SF
Gross rent
$359.1K $18.00/SF
− Vacancy
−$23.7K −$1.19/SF
EGI
$335.4K $16.81/SF
− OpEx
−$100.6K −$5.04/SF
NOI
$234.8K $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%
$4,696,060
Cap Rate 7%
$3,354,329
Cap Rate 9%
$2,608,922
Alternative Uses
Best Use
Retail
$3.35M
$2.94M – $3.91M
NOI $234,803 @ 7.0% cap · market cap 9,886.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.53M
$4.84M – $6.46M
NOI $387,377 @ 7.0% cap · market cap 16,310.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,732
Businesses Nearby
240k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 16%
Home Improvements & Furnishings 11%
Hotels & Casinos 7%
Texas Roadhouse
Dining
36,799 visits/mo
0.2 miles
Red Robin Gourmet Burgers
Dining
25,726 visits/mo
0.3 miles
At Home
Home Improvements & Furnishings
25,494 visits/mo
0.2 miles
Circle K
Shops & Services
24,976 visits/mo
0.3 miles
Applebee's
Dining
19,094 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The plaza’s tenant mix includes businesses in personal care, professional services, and cabinetry.
Where is this retail space located?
The property is located at 7903 W Grandridge Unit S Kennewick, WA.
What are key features of this property?
This property features: 19,952‑square‑foot retail space; Located at Columbia Plaza on W Grandridge in Kennewick; Two blocks from Columbia Center Boulevard
