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    101 Union St Kennewick, WA 99336

    Sponsored
    For Lease
    $15 SF/Yr

    Kennewick retail space, multiple units.

    Lot size:
    31,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Kennewick investment opportunity presents a prime retail space at 101 N Union St, situated on a busy street just off Clearwater Avenue. The property, built in 1978, comprises two buildings totaling 31,716 square feet on a 1.1-acre lot. Currently, there are two available retail spaces, ranging from 2,132 to 2,702 square feet, perfect for a variety of businesses. The property features a single-story design and offers a mixed-use potential, including retail and office space. The lease rate is competitively priced at $15 per square foot annually, on a double net lease basis. Tenant responsibilities include common area maintenance fees, prorated water/sewer/garbage charges, and separately metered electricity costs. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving commercial environment in Kennewick, WA, zip code 99336. With a current vacancy of 2,064 square feet, this presents a unique chance to secure a prominent space in a well-established commercial area. The property's strategic location and flexible space options make it a compelling investment opportunity. The address is 101 N Union St, Kennewick, WA 99336.

    Property Features for 101 Union St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,716 SF
    Total Rate
    39645

    Building Details

    Year Built
    1978
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 209
    Size
    2,702 SF
    Rate per SF
    $15
    Space
    Suite 201
    Size
    2,132 SF
    Rate per SF
    $15

    HighLights

    • Excellent visibility from a high‑traffic location.
    • Prime retail space situated just off Clearwater Avenue in Kennewick, WA.
    • Building signage on awnings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tri Cities Premier ... Driving School Tri-Cities Black Belt ... Martial Arts School Biomat USA Blood Bank Popular Donuts Donut Shop Desert Fiber Arts Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennewick
    County
    Benton
    State
    Washington
    Longitude
    -119.17989683892
    Latitude
    46.211132639163

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    FAQs

    What type of property is this?
    Office Property / Space - Kennewick retail space, multiple units.
    Where is this office property / space located?
    The property is located at 101 Union St Kennewick, WA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Excellent visibility from a high-traffic location.; Prime retail space situated just off Clearwater Avenue in Kennewick, WA.; Building signage on awnings.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Union St Kennewick, WA 99336
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