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Office Unit with Kitchenette
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8109 W Grandridge Blvd Unit 120, Kennewick, WA 99336

The layout includes two offices, a meeting room, and open workspace.

Property Size7,671 SF
Price / SF$0.49
Days on Market26

Property Features for 8109 W Grandridge Blvd Unit 120

General Information

Standard status Active
Size 7,671 SF
Property subtype Office

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $6,174

Amenities

kitchenette

Building Details

Building Size 7,671 SF
Year Built 2018
Listing Agency: Tippett Company of Washington
Listed By: Priscely Gutierrez de Campos · License #112022
Source: Desertedgerealtygroup
Added: Oct 2 Changed: Oct 27 Last Checked: Oct 27 at 4:31AM

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 Tippett Company of Washington

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Investment Insights

Based on property information with market context.

This 7,671-square-foot office unit was built in 2018. Its interior includes open workspace, two offices, a meeting room, and a kitchenette.

The property is located in Kennewick’s business district.

Key Highlights

  • 7,671‑square‑foot office unit
  • Built in 2018
  • Open workspace with two offices and a meeting room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$117,750
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,355,000 $2.4M
Cap Rate 7%
$1,682,143 $1.7M
Cap Rate 9%
$1,308,333 $1.3M
Market Conditions
NOI Build-Up for 7,671 SF
Gross rent
$168.5K $21.96/SF
− Vacancy
−$11.5K −$1.49/SF
EGI
$157.0K $20.47/SF
− OpEx
−$39.3K −$5.12/SF
NOI
$117.8K $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%
$2,355,000
Cap Rate 7%
$1,682,143
Cap Rate 9%
$1,308,333

Alternative Uses

Best Use
Office B
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,750 @ 7.0% cap · market cap 3,141.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M (±1% cap)
NOI $148,936 @ 7.0% cap · market cap 3,973.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mylissia Smith NMLS ... Loan Service Haley Oriz, Churchill ... Loan Service Will Robinson NMLS ... Loan Service Valeria Hernandez NMLS ... Loan Service Jamie Dunn NMLS ... Loan Service

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom Storage Facility Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,688
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The layout includes two offices, a meeting room, and open workspace.
Where is this office unit located?
The property is located at 8109 W Grandridge Blvd Unit 120 Kennewick, WA.
What are key features of this property?
This property features: 7,671‑square‑foot office unit; Built in 2018; Open workspace with two offices and a meeting room
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Includes: Price & PSF · Cap rate · Location · Zoning

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