Standalone Office
8601 W Clearwater Avenue, Kennewick, WA 99336
For Sale
Contact for pricing
Pending
Owner-user office property with a separate NNN-leased suite and prominent digital reader board signage.
Property Size4,027 SF
Days on Market67
Property Features for 8601 W Clearwater Avenue
General Information
Standard status
Size
Class
Property subtype
Additional Details
Road Access
Amenities
Totem Sign with Digital Reader Board
Building Details
Buildings
Listing Agency:
SVN Retter & Company
(509) 737-9429
Listed By:
Scott Howell · License WA #131443
(509) 379-3111
Source:
Moodyscre
Added: Sep 9
Changed: Nov 1
Last Checked: Nov 12 at 8:13AM
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 SVN Retter & Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone office property at 8601 W Clearwater Avenue includes 2,429 square feet designated for an owner or occupant, along with Suite A, a 1,667-square-foot leased office component. The property also includes a totem sign equipped with a digital reader board, providing on-site signage capability facing Clearwater Avenue.
Suite A is subject to a NNN lease extending through 12/31/2030, with 2.5% annual escalations. The building faces the main traffic arterial along Clearwater Avenue, combining owner-user office space with an existing leased suite and defined lease-term income.
Suite A is subject to a NNN lease extending through 12/31/2030, with 2.5% annual escalations. The building faces the main traffic arterial along Clearwater Avenue, combining owner-user office space with an existing leased suite and defined lease-term income.
Key Highlights
- 2,429 square feet designated for owner or occupant use
- Suite A contains 1,667 square feet
- NNN lease runs through 12/31/2030
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,815
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,300
$1.2M
Cap Rate 7%
$883,071
$883.1K
Cap Rate 9%
$686,833
$686.8K
Market Conditions
NOI Build-Up for 4,027 SF
Gross rent
$88.4K $21.96/SF
− Vacancy
−$6.0K −$1.49/SF
EGI
$82.4K $20.47/SF
− OpEx
−$20.6K −$5.12/SF
NOI
$61.8K $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%
$1,236,300
Cap Rate 7%
$883,071
Cap Rate 9%
$686,833
Alternative Uses
Best Use
Office B
$883.1K
$772.7K – $1.03M
NOI $61,815 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$977.3K – $1.30M
NOI $78,186 @ 7.0% cap · market cap 7.94%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
217
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Kennewick
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Owner-user office property with a separate NNN-leased suite and prominent digital reader board signage.
Where is this office building located?
The property is located at 8601 W Clearwater Avenue Kennewick, WA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 2,429 square feet designated for owner or occupant use; Suite A contains 1,667 square feet; NNN lease runs through 12/31/2030
