Retail Suite with
For Sale
Contact for pricing
8530 W Gage Blvd. Unit D, Kennewick, WA 99336
A dedicated kitchen and front service station support food-service operations in a remodeled retail space.
Property Size8,160 SF
Price / SF$0.42
Days on Market68
Property Features for 8530 W Gage Blvd. Unit D
General Information
Standard status
Active
Size
8,160 SF
Property subtype
Retail
Additional Details
Corner Location
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$12,975
Building Details
Building Size
8,160 SF
Year Built
2001
Year Renovated
2021
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: Aug 21
Changed: Oct 27
Last Checked: Oct 27 at 3:51AM
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 Crown Property Management
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.
Suite D is a retail space with a dedicated kitchen area and a front service station. The suite was remodeled in 2021 and is currently operating as a bakery. No hood is present.
The property sits at the signalized intersection of Gage Boulevard and Grandridge Boulevard in Kennewick. Monument and building signage are available, and the surrounding area includes retail, restaurants, and services.
The property sits at the signalized intersection of Gage Boulevard and Grandridge Boulevard in Kennewick. Monument and building signage are available, and the surrounding area includes retail, restaurants, and services.
Key Highlights
- Remodeled in 2021
- Dedicated kitchen area and front service station
- Currently operating as a bakery; no hood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,030
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,920,600
$1.9M
Cap Rate 7%
$1,371,857
$1.4M
Cap Rate 9%
$1,067,000
$1.1M
Market Conditions
NOI Build-Up for 8,160 SF
Gross rent
$146.9K $18.00/SF
− Vacancy
−$9.7K −$1.19/SF
EGI
$137.2K $16.81/SF
− OpEx
−$41.2K −$5.04/SF
NOI
$96.0K $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%
$1,920,600
Cap Rate 7%
$1,371,857
Cap Rate 9%
$1,067,000
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $96,030 @ 7.0% cap · market cap 2,824.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,430 @ 7.0% cap · market cap 4,659.71%
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 - A dedicated kitchen and front service station support food-service operations in a remodeled retail space.
Where is this retail space located?
The property is located at 8530 W Gage Blvd. Unit D Kennewick, WA.
What are key features of this property?
This property features: Remodeled in 2021; Dedicated kitchen area and front service station; Currently operating as a bakery; no hood
