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Two-Suite Office Property
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A-b-401 N Young St, Kennewick, WA 99336

Two office suites can be occupied individually or combined into a larger contiguous workspace.

Property Size6,416 SF
Price / SF$1.46
Days on Market27

Property Features for A-b-401 N Young St

General Information

Standard status Active
Size 6,416 SF

Additional Details

Office Units 2
Property Use Office

Taxes and HOA fees

Annual Taxes $12,155
Listing Agency: Tippett Company of Washington
Listed By: Charles Laird · License #17785
Source: Exprealty
Added: Sep 29 Changed: Oct 23 Last Checked: Oct 24 at 9:49PM

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 Tippett Company of Washington

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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 office property comprises two suites: Suite A measures 3,988 SF, while Suite B contains 2,516 SF. The spaces can be taken separately or joined for contiguous occupancy.

The property is in a professional office park in Kennewick, near the Columbia Center Boulevard and Deschutes Avenue intersection.

Key Highlights

  • Two office suites measuring 3,988 SF and 2,516 SF
  • Suites are available separately or as a contiguous space
  • In a professional office park near Columbia Center Boulevard and Deschutes Avenue in Kennewick

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,486
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,969,720 $2.0M
Cap Rate 7%
$1,406,943 $1.4M
Cap Rate 9%
$1,094,289 $1.1M
Market Conditions
NOI Build-Up for 6,416 SF
Gross rent
$140.9K $21.96/SF
− Vacancy
−$9.6K −$1.49/SF
EGI
$131.3K $20.47/SF
− OpEx
−$32.8K −$5.12/SF
NOI
$98.5K $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%
$1,969,720
Cap Rate 7%
$1,406,943
Cap Rate 9%
$1,094,289

Alternative Uses

Best Use
Office B
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,486 @ 7.0% cap · market cap 1,052.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,569 @ 7.0% cap · market cap 1,331.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two office suites can be occupied individually or combined into a larger contiguous workspace.
Where is this office unit located?
The property is located at A-b-401 N Young St Kennewick, WA.
What are key features of this property?
This property features: Two office suites measuring 3,988 SF and 2,516 SF; Suites are available separately or as a contiguous space; In a professional office park near Columbia Center Boulevard and Deschutes Avenue in Kennewick
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