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Medical Office Suite
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8503 W Clearwater, Kennewick, WA 99336

Commercial Sale, Kennewick, WA

Property Size2,855 SF
Lot Size1.19 Acres
Price / SF$2.00
Days on Market454

Property Features for 8503 W Clearwater

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMCL OFFICE
Parking 21
Directions From Clearwater Turn left into property.
Standard status Active
APN 106892012960003
Lot size 1.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24258

Building Details

Year built 2012
Listing Agency: StrickerCRE
Listed By: Jazmine Murillo · License #123853
Added: Jul 21, 2025 Changed: Oct 7 Last Checked: Oct 17 at 11:06PM
MLS# 286199

Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Suite C at 8503 W Clearwater Ave in Kennewick provides 2,855 RSF of medical office space within a 2012-built property. The layout includes eight exam rooms, a private office, a coffee bar, and a reception area, creating a functional setup for medical, dental, or wellness operations. The property is zoned COMMCL OFFICE and includes on-site parking.

Positioned along W Clearwater Ave, the suite offers access to a busy commercial corridor in Kennewick. Negotiable tenant improvements are available to accommodate business requirements. The property is located in Benton County, WA 99336.

Key Highlights

  • 2,855 RSF medical office suite
  • Eight exam rooms support clinical operations
  • Private office, coffee bar, and reception area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,374
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,480 $847.5K
Cap Rate 7%
$605,343 $605.3K
Cap Rate 9%
$470,822 $470.8K
Market Conditions
NOI Build-Up for 2,855 SF
Gross rent
$75.4K $26.40/SF
− Vacancy
−$4.7K −$1.66/SF
EGI
$70.6K $24.74/SF
− OpEx
−$28.2K −$9.89/SF
NOI
$42.4K $14.84/SF
Area
Benton County, WA
Vacancy
6.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,480
Cap Rate 7%
$605,343
Cap Rate 9%
$470,822

Alternative Uses

Best Use
Office B
$626.1K
$547.8K – $730.4K (±1% cap)
NOI $43,824 @ 7.0% cap · market cap 767.50%
Second Best
Healthcare Medical
$605.3K
$529.7K – $706.2K (±1% cap)
NOI $42,374 @ 7.0% cap · market cap 742.10%
Theoretical Best
Office A
$791.9K
$692.9K – $923.9K (±1% cap)
NOI $55,431 @ 7.0% cap · market cap 970.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Valiant Design Interior Design Susan Rhode LMP Alternative Medicine Practice Desert Valley Eye ... Eye Care Center Monson Wealth Management Financial Advisor Jason England, ARNP, ... Medical Clinic

Suggested Use

Top Pick Auto Parts Store HVAC Service Building Supply Parking Lot & Garage Big Box & Wholesale Store Auto Repair Shop

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

348
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

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?
Medical Office Space - Configured practice space with exam rooms, a private office, reception area, and coffee bar.
Where is this medical office space located?
The property is located at 8503 W Clearwater Kennewick, WA.
What are key features of this property?
This property features: 2,855 RSF medical office suite; Eight exam rooms support clinical operations; Private office, coffee bar, and reception area
More about this property
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