Office Suites with Exam
For Sale
Contact for pricing
925 Stevens Drive, Richland, WA 99352
The combined space includes reception, break areas, flexible work areas, and two restrooms.
Property Size29,500 SF
Price / SF$0.15
Days on Market350
Property Features for 925 Stevens Drive
General Information
Standard status
Active
Size
29,500 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$12,000
Building Details
Building Size
29,500 SF
Year Built
1978
Listing Agency:
SVN Retter & Company
Listed By:
Ashley Moala · License ##138102
(541) 379-1338
Source:
Desertedgerealtygroup
Added: Nov 12, 2025
Changed: Oct 26
Last Checked: Oct 26 at 3:16PM
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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Investment Insights
Based on property information with market context.
At 925 Stevens Drive in Richland, the combined office suites include a reception area, private offices, exam rooms, break areas, and open flexible space. The property also has two restrooms, a shared lobby, and elevator access. The building was constructed in 1978.
Key Highlights
- Combined suites include private offices, exam rooms, reception, break areas, and flexible space
- Two restrooms within the combined office space
- Shared lobby and elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$437,841
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,756,820
$8.8M
Cap Rate 7%
$6,254,871
$6.3M
Cap Rate 9%
$4,864,900
$4.9M
Market Conditions
NOI Build-Up for 29,500 SF
Gross rent
$778.8K $26.40/SF
− Vacancy
−$49.1K −$1.66/SF
EGI
$729.7K $24.74/SF
− OpEx
−$291.9K −$9.89/SF
NOI
$437.8K $14.84/SF
Area
Benton County, WA
Vacancy
6.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,756,820
Cap Rate 7%
$6,254,871
Cap Rate 9%
$4,864,900
Alternative Uses
Best Use
Office B
$6.47M
$5.66M – $7.55M
NOI $452,826 @ 7.0% cap · market cap 10,405.01%
Second Best
Healthcare Medical
$6.25M
$5.47M – $7.30M
NOI $437,841 @ 7.0% cap · market cap 10,060.68%
Theoretical Best
Office A
$8.18M
$7.16M – $9.55M
NOI $572,755 @ 7.0% cap · market cap 13,160.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,149
Businesses Nearby
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Business Placement
Demographics for 99352, WA
35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The combined space includes reception, break areas, flexible work areas, and two restrooms.
Where is this office unit located?
The property is located at 925 Stevens Drive Richland, WA.
What are key features of this property?
This property features: Combined suites include private offices, exam rooms, reception, break areas, and flexible space; Two restrooms within the combined office space; Shared lobby and elevator access
