Nine-Room Office
For Sale
Contact for pricing
8508 W Gage Blvd Unit C102, Kennewick, WA 99336
A central passage links private rooms with a reception and office area set along the route.
Property Size2,000 SF
Price / SF$0.90
Days on Market101
Property Features for 8508 W Gage Blvd Unit C102
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Office
Additional Details
Condition
Newly Renovated
Utilities to Site
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$8,783
Building Details
Building Size
2,000 SF
Year Built
1994
Listing Agency:
EverStar Realty
Listed By:
Mary Williams
(509) 521-0673
Source:
Desertedgerealtygroup
Added: Jul 20
Changed: Oct 27
Last Checked: Oct 27 at 4:03AM
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
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.
This office unit contains 9 private rooms of varying sizes arranged along a central corridor. A reception and office area sits midway through the layout. The space also has 2 bathrooms and laundry hookups. Renovations include new paint and flooring. The building dates to 1994.
Key Highlights
- 9 private rooms in varying sizes
- Central corridor layout with an intermediate reception and office area
- 2 bathrooms and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,700
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,000
$614.0K
Cap Rate 7%
$438,571
$438.6K
Cap Rate 9%
$341,111
$341.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.9K $21.96/SF
− Vacancy
−$3.0K −$1.49/SF
EGI
$40.9K $20.47/SF
− OpEx
−$10.2K −$5.12/SF
NOI
$30.7K $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%
$614,000
Cap Rate 7%
$438,571
Cap Rate 9%
$341,111
Alternative Uses
Best Use
Office B
$438.6K
$383.8K – $511.7K
NOI $30,700 @ 7.0% cap · market cap 1,705.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.7K
$485.4K – $647.2K
NOI $38,831 @ 7.0% cap · market cap 2,157.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,530
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 - A central passage links private rooms with a reception and office area set along the route.
Where is this office unit located?
The property is located at 8508 W Gage Blvd Unit C102 Kennewick, WA.
What are key features of this property?
This property features: 9 private rooms in varying sizes; Central corridor layout with an intermediate reception and office area; 2 bathrooms and laundry hookups
