Office Unit with Storage and RV
For Sale
Contact for pricing
8016 W 4th Ave, Kennewick, WA 99336
Office space with dedicated storage and an RV stall, subject to City approval for the intended use.
Property Size1,410 SF
Price / SF$0.02
Days on Market1122
Property Features for 8016 W 4th Ave
General Information
Standard status
Active
Size
1,410 SF
Amenities
storage unit
RV stall
Listing Agency:
StrickerCRE
Listed By:
Jazmine Murillo · License #123853
(509) 792-0428
Source:
Exprealty
Added: Sep 22, 2023
Changed: Oct 8
Last Checked: Oct 16 at 3:12PM
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 StrickerCRE
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Investment Insights
Based on property information with market context.
This office unit at 8016 W 4th Ave includes a dedicated 12x12 storage unit and a 75’ RV stall. The configuration offers practical support space alongside the primary office area for an operating business or non-profit organization.
The property is located off 4th Avenue in the Hansen Park area of Kennewick. Lease terms are negotiable, with a gross lease structure identified in the property information. Any proposed use must receive approval from the City based on applicable zoning requirements.
The property is located off 4th Avenue in the Hansen Park area of Kennewick. Lease terms are negotiable, with a gross lease structure identified in the property information. Any proposed use must receive approval from the City based on applicable zoning requirements.
Key Highlights
- Office unit at 8016 W 4th Ave in Kennewick
- Includes one 12x12 storage unit
- Dedicated 75’ RV stall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,644
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,880
$432.9K
Cap Rate 7%
$309,200
$309.2K
Cap Rate 9%
$240,489
$240.5K
Market Conditions
NOI Build-Up for 1,410 SF
Gross rent
$31.0K $21.96/SF
− Vacancy
−$2.1K −$1.49/SF
EGI
$28.9K $20.47/SF
− OpEx
−$7.2K −$5.12/SF
NOI
$21.6K $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%
$432,880
Cap Rate 7%
$309,200
Cap Rate 9%
$240,489
Alternative Uses
Best Use
Office B
$309.2K
$270.6K – $360.7K
NOI $21,644 @ 7.0% cap · market cap 86,576.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.1K
$342.2K – $456.3K
NOI $27,376 @ 7.0% cap · market cap 109,504.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Office space with dedicated storage and an RV stall, subject to City approval for the intended use.
Where is this office units located?
The property is located at 8016 W 4th Ave Kennewick, WA.
What are key features of this property?
This property features: Office unit at 8016 W 4th Ave in Kennewick; Includes one 12x12 storage unit; Dedicated 75’ RV stall
