Retail Suite with Roll-Up
For Sale
Contact for pricing
8508 W Gage Blvd Unit C103, Kennewick, WA 99336
The interior includes three open areas, private offices, restrooms, and dressing rooms.
Property Size5,840 SF
Price / SF$0.62
Days on Market258
Property Features for 8508 W Gage Blvd Unit C103
General Information
Standard status
Active
Size
5,840 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$9,361
Building Details
Building Size
5,840 SF
Year Built
1994
Listing Agency:
EverStar Realty
Listed By:
Mary Williams
(509) 521-0673
Source:
Desertedgerealtygroup
Added: Feb 11
Changed: Oct 26
Last Checked: Oct 26 at 3:09PM
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 5,840-square-foot retail suite was built in 1994. Its interior is arranged into three open areas, with exposed ceilings, two private offices, two restrooms, and four dressing rooms. A 10' x 10' roll-up door serves the back room.
The suite is next door to Lukes Carpet.
The suite is next door to Lukes Carpet.
Key Highlights
- 5,840 square feet of retail space
- Three open areas with exposed ceilings
- Two private offices, two restrooms, and four dressing rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,727
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,540
$1.4M
Cap Rate 7%
$981,814
$981.8K
Cap Rate 9%
$763,633
$763.6K
Market Conditions
NOI Build-Up for 5,840 SF
Gross rent
$105.1K $18.00/SF
− Vacancy
−$6.9K −$1.19/SF
EGI
$98.2K $16.81/SF
− OpEx
−$29.5K −$5.04/SF
NOI
$68.7K $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%
$1,374,540
Cap Rate 7%
$981,814
Cap Rate 9%
$763,633
Alternative Uses
Best Use
Retail
$981.8K
$859.1K – $1.15M
NOI $68,727 @ 7.0% cap · market cap 1,909.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,386 @ 7.0% cap · market cap 3,149.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
656k
Monthly Visits Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The interior includes three open areas, private offices, restrooms, and dressing rooms.
Where is this retail space located?
The property is located at 8508 W Gage Blvd Unit C103 Kennewick, WA.
What are key features of this property?
This property features: 5,840 square feet of retail space; Three open areas with exposed ceilings; Two private offices, two restrooms, and four dressing rooms
