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Open-Plan Retail Space
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8508 W Gage Blvd # B101, Kennewick, WA 99336

An adaptable interior layout supports office or retail occupancy.

Property Size17,837 SF
Price / SF$0.09
Days on Market440

Property Features for 8508 W Gage Blvd # B101

General Information

Standard status Active
Size 17,837 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $9,343

Building Details

Building Size 17,837 SF
Year Built 1994
Listing Agency: EverStar Realty
Listed By: Mary Williams
Source: Desertedgerealtygroup
Added: Aug 15, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:08PM

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

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Investment Insights

Based on property information with market context.

This retail space offers a mostly open floor plan that can accommodate office or retail use. The building dates to 1994.

Located at 8508 W Gage Blvd # B101 in Kennewick, the property is identified as a for-sale listing.

Key Highlights

  • Mostly open floor plan
  • Office or retail use supported
  • Built in 1994

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$209,913
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,198,260 $4.2M
Cap Rate 7%
$2,998,757 $3.0M
Cap Rate 9%
$2,332,367 $2.3M
Market Conditions
NOI Build-Up for 17,837 SF
Gross rent
$321.1K $18.00/SF
− Vacancy
−$21.2K −$1.19/SF
EGI
$299.9K $16.81/SF
− OpEx
−$90.0K −$5.04/SF
NOI
$209.9K $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%
$4,198,260
Cap Rate 7%
$2,998,757
Cap Rate 9%
$2,332,367

Alternative Uses

Best Use
Retail
$3.00M
$2.62M – $3.50M (±1% cap)
NOI $209,913 @ 7.0% cap · market cap 12,722.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.95M
$4.33M – $5.77M (±1% cap)
NOI $346,313 @ 7.0% cap · market cap 20,988.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tri Cities School ... Training Center My Clients Plus, ... (Bike/Boat/Book/etc) Store ekin Nutrition / Golden ... Pharmacy Yvette Fletcher Physician Benjamin Rae Physician

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Parking Lot & Garage Daycare Center Food Market

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

1,530
Businesses Nearby
656k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Apparel 31% Shops & Services 20% Dining 14%
Costco Wholesale Superstores
209,154 visits/mo 0.2 miles
Macy's Apparel
88,256 visits/mo 0.5 miles
JCPenney Apparel
74,147 visits/mo 0.5 miles
Costco Gasoline Shops & Services
46,606 visits/mo 0.2 miles
Jo-Ann Fabric and Craft Shops & Services
39,755 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An adaptable interior layout supports office or retail occupancy.
Where is this retail space located?
The property is located at 8508 W Gage Blvd # B101 Kennewick, WA.
What are key features of this property?
This property features: Mostly open floor plan; Office or retail use supported; Built in 1994
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