Front-Facing Office
For Sale
Contact for pricing
8656 W Gage Unit A103, Kennewick, WA 99336
The suite offers a reception area, five private offices, and a break room.
Property Size8,166 SF
Price / SF$0.29
Days on Market43
Property Features for 8656 W Gage Unit A103
General Information
Standard status
Active
Size
8,166 SF
Property subtype
Office
Additional Details
Utilities to Site
Yes
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$36,798
Building Details
Building Size
8,166 SF
Year Built
2001
Tenancy
Multi
Listing Agency:
EverStar Realty
Listed By:
Melanie Hoefer
(509) 521-2041
Source:
Desertedgerealtygroup
Added: Sep 15
Changed: Oct 27
Last Checked: Oct 27 at 4:26AM
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.
Located at 8656 W Gage in Kennewick, this office suite was built in 2001. Its layout includes a reception area, three larger offices, one smaller office, and a break room, with restrooms shared with other occupants.
Electrical service is separately metered, and the tenant is responsible for HVAC maintenance.
Electrical service is separately metered, and the tenant is responsible for HVAC maintenance.
Key Highlights
- Reception area, three larger offices, and one smaller office
- Break room and shared restrooms
- Separately metered electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,348
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,506,960
$2.5M
Cap Rate 7%
$1,790,686
$1.8M
Cap Rate 9%
$1,392,756
$1.4M
Market Conditions
NOI Build-Up for 8,166 SF
Gross rent
$179.3K $21.96/SF
− Vacancy
−$12.2K −$1.49/SF
EGI
$167.1K $20.47/SF
− OpEx
−$41.8K −$5.12/SF
NOI
$125.3K $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%
$2,506,960
Cap Rate 7%
$1,790,686
Cap Rate 9%
$1,392,756
Alternative Uses
Best Use
Office B
$1.79M
$1.57M – $2.09M
NOI $125,348 @ 7.0% cap · market cap 5,220.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,546 @ 7.0% cap · market cap 6,603.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,386
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 - The suite offers a reception area, five private offices, and a break room.
Where is this office unit located?
The property is located at 8656 W Gage Unit A103 Kennewick, WA.
What are key features of this property?
This property features: Reception area, three larger offices, and one smaller office; Break room and shared restrooms; Separately metered electrical service
