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West Richland Retail Space
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G-4033 W Van Giesen St, West Richland, WA 99354

Retail property positioned on W Van Giesen St with a substantial commercial footprint.

Property Size11,457 SF
Price / SF$0.17
Days on Market213

Property Features for G-4033 W Van Giesen St

General Information

Standard status Active
Size 11,457 SF

Taxes and HOA fees

Annual Taxes $18,311
Listing Agency: EverStar Realty
Listed By: Hai-Young Yang · License #16405
Source: Exprealty
Added: Mar 18 Changed: Oct 8 Last Checked: Oct 14 at 11:36PM

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

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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 retail property offers 11,457 square feet of commercial space at G-4033 W Van Giesen St in West Richland, Washington. The asset is identified as retail space and is offered for sale.

Key Highlights

  • 11,457 square feet of retail space
  • Located at G‑4033 W Van Giesen St
  • West Richland, WA location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$134,831
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,696,620 $2.7M
Cap Rate 7%
$1,926,157 $1.9M
Cap Rate 9%
$1,498,122 $1.5M
Market Conditions
NOI Build-Up for 11,457 SF
Gross rent
$206.2K $18.00/SF
− Vacancy
−$13.6K −$1.19/SF
EGI
$192.6K $16.81/SF
− OpEx
−$57.8K −$5.04/SF
NOI
$134.8K $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%
$2,696,620
Cap Rate 7%
$1,926,157
Cap Rate 9%
$1,498,122

Alternative Uses

Best Use
Retail
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $134,831 @ 7.0% cap · market cap 7,066.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M (±1% cap)
NOI $222,443 @ 7.0% cap · market cap 11,658.44%
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 Parking Lot & Garage HVAC Service Building Supply Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

671
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Shops & Services 27% Groceries 25% Home Improvements & Furnishings 11%
Safeway Groceries
38,568 visits/mo 0.4 miles
Circle K Shops & Services
19,214 visits/mo 0.3 miles
Taco Bell Dining
18,040 visits/mo 0.5 miles
Griggs Ace Hardware & Sporting Goods - Richland Home Improvements & Furnishings
16,755 visits/mo 0.3 miles
Bruchi's CheeseSteaks & Subs Dining
7,877 visits/mo 0.4 miles

Demographics for 99354, WA

24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value

Market

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 - Retail property positioned on W Van Giesen St with a substantial commercial footprint.
Where is this retail space located?
The property is located at G-4033 W Van Giesen St West Richland, WA.
What are key features of this property?
This property features: 11,457 square feet of retail space; Located at G‑4033 W Van Giesen St; West Richland, WA location
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