Office Suites in Multi-Tenant
For Sale
Contact for pricing
8131 W Klamath Court # B, Kennewick, WA 99336
Located in the Crest Building within Grandridge Business Park’s central business district.
Property Size19,506 SF
Price / SF$0.00
Days on Market285
Property Features for 8131 W Klamath Court # B
General Information
Standard status
Active
Size
19,506 SF
Property subtype
COMMERCIAL
Additional Details
Condition
Move-in Ready
Property Use
Office
Taxes and HOA fees
Annual Taxes
$31,193
Building Details
Building Size
19,506 SF
Year Built
2008
Tenancy
Multi
Listing Agency:
Tippett Company of Washington
Listed By:
Kirt Shaffer · License #50402
(509) 521-9183
Source:
Desertedgerealtygroup
Added: Jan 16
Changed: Oct 26
Last Checked: Oct 26 at 3:58PM
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
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.
Office suites are offered in the Crest Building, a multi-tenant office property completed in 2008. Occupants include the Social Security Administration, Hatfield Law, Elite Chiropractic & Massage, and Toth and Associates.
The building is part of Grandridge Business Park in the Tri-Cities Central Business District. Other park buildings house corporate offices, state agencies, and professional service firms.
The building is part of Grandridge Business Park in the Tri-Cities Central Business District. Other park buildings house corporate offices, state agencies, and professional service firms.
Key Highlights
- Crest Building is a multi‑tenant office property built in 2008
- Current occupants include the Social Security Administration, Hatfield Law, Elite Chiropractic & Massage, and Toth and Associates
- Grandridge Business Park includes corporate offices, state agencies, and professional service firms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$299,418
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,988,360
$6.0M
Cap Rate 7%
$4,277,400
$4.3M
Cap Rate 9%
$3,326,867
$3.3M
Market Conditions
NOI Build-Up for 19,506 SF
Gross rent
$428.4K $21.96/SF
− Vacancy
−$29.1K −$1.49/SF
EGI
$399.2K $20.47/SF
− OpEx
−$99.8K −$5.12/SF
NOI
$299.4K $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%
$5,988,360
Cap Rate 7%
$4,277,400
Cap Rate 9%
$3,326,867
Alternative Uses
Best Use
Office B
$4.28M
$3.74M – $4.99M
NOI $299,418 @ 7.0% cap · market cap 1,360,990.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.41M
$4.73M – $6.31M
NOI $378,717 @ 7.0% cap · market cap 1,721,440.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,501
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Located in the Crest Building within Grandridge Business Park’s central business district.
Where is this office unit located?
The property is located at 8131 W Klamath Court # B Kennewick, WA.
What are key features of this property?
This property features: Crest Building is a multi‑tenant office property built in 2008; Current occupants include the Social Security Administration, Hatfield Law, Elite Chiropractic & Massage, and Toth and Associates; Grandridge Business Park includes corporate offices, state agencies, and professional service firms
