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Multi-Tenant Retail Space

C-4711 W Clearwater Ave, Kennewick, WA 99336

For Sale
Contact for pricing

The space sits on W Clearwater Ave opposite WinCo shopping center, with Great Clips and Cricket Wireless on either side.

Property Size6,262 SF
Price / SF$0.32
Days on Market17

Property Features for C-4711 W Clearwater Ave

General Information

Standard status Active
Size 6,262 SF

Taxes and HOA fees

Annual Taxes $10,270

Building Details

Tenancy Multi
Listing Agency: Kiemle& Hagood Company
Listed By: Michael Petrillo
Source: Exprealty
Added: Oct 29 Changed: Nov 12 Last Checked: Nov 12 at 2:35PM

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 Kiemle& Hagood Company

Rey
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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 6,262-square-foot retail space is part of a multi-tenant property in Kennewick. The available space is positioned between Great Clips and Cricket Wireless along W Clearwater Ave.

WinCo shopping center is across the avenue. The property information identifies retail and office users as potential occupants.

Key Highlights

  • 6,262 square feet of retail space
  • Part of a multi‑tenant property
  • On W Clearwater Ave between Great Clips and Cricket Wireless

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,694
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,473,880 $1.5M
Cap Rate 7%
$1,052,771 $1.1M
Cap Rate 9%
$818,822 $818.8K
Market Conditions
NOI Build-Up for 6,262 SF
Gross rent
$112.7K $18.00/SF
− Vacancy
−$7.4K −$1.19/SF
EGI
$105.3K $16.81/SF
− OpEx
−$31.6K −$5.04/SF
NOI
$73.7K $11.77/SF
Area
Benton County, WA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,473,880
Cap Rate 7%
$1,052,771
Cap Rate 9%
$818,822

Alternative Uses

Best Use
Retail
$1.05M
$921.2K – $1.23M (±1% cap)
NOI $73,694 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,579 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Parking Lot & Garage Storage Facility HVAC Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

265
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

Properties on Market for Retail space in Kennewick

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space sits on W Clearwater Ave opposite WinCo shopping center, with Great Clips and Cricket Wireless on either side.
Where is this retail space located?
The property is located at C-4711 W Clearwater Ave Kennewick, WA.
What are key features of this property?
This property features: 6,262 square feet of retail space; Part of a multi‑tenant property; On W Clearwater Ave between Great Clips and Cricket Wireless
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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