Turnkey Office Suite
For Sale
Contact for pricing
O-8382 W Gage Blvd, Kennewick, WA 99336
Office suite O can be demised into smaller configurations with standard finishes and turn-key buildout options.
Property Size2,700 SF
Price / SF$1.33
Days on Market109
Property Features for O-8382 W Gage Blvd
General Information
Standard status
Active
Size
2,700 SF
Taxes and HOA fees
Annual Taxes
$11,435
Listing Agency:
Crown Property Management
(509) 735-0415
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Exprealty
Added: Jul 7
Changed: Oct 8
Last Checked: Oct 20 at 10:25PM
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 Crown Property Management
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite O is a flexible office suite configured to accommodate a variety of office, service, or professional users. The landlord will demise the premises into smaller suites and provide a turnkey office buildout with standard office finishes.
Standard finishes include rolled carpet, cove base, paint throughout, standard electrical service, and LED lighting. Conceptual space configurations are available in the attached floor plans.
Multiple suite sizing and delivery options are described, including turnkey configurations around 1,750+/- square feet and 950 square feet, as well as an AS-IS option around 2,700+/- square feet. See attached materials for additional configuration details.
Standard finishes include rolled carpet, cove base, paint throughout, standard electrical service, and LED lighting. Conceptual space configurations are available in the attached floor plans.
Multiple suite sizing and delivery options are described, including turnkey configurations around 1,750+/- square feet and 950 square feet, as well as an AS-IS option around 2,700+/- square feet. See attached materials for additional configuration details.
Key Highlights
- Suite O configured for office, service, or professional users and can be demised into smaller suites.
- Buildout options include standard office finishes: rolled carpet, cove base, paint throughout, standard electrical service, and LED lighting.
- Option #1: 1,750+/- SF at $18.00/SF plus utilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,445
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,900
$828.9K
Cap Rate 7%
$592,071
$592.1K
Cap Rate 9%
$460,500
$460.5K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$59.3K $21.96/SF
− Vacancy
−$4.0K −$1.49/SF
EGI
$55.3K $20.47/SF
− OpEx
−$13.8K −$5.12/SF
NOI
$41.4K $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%
$828,900
Cap Rate 7%
$592,071
Cap Rate 9%
$460,500
Alternative Uses
Best Use
Office B
$592.1K
$518.1K – $690.8K
NOI $41,445 @ 7.0% cap · market cap 1,151.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$748.9K
$655.3K – $873.7K
NOI $52,422 @ 7.0% cap · market cap 1,456.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - Office suite O can be demised into smaller configurations with standard finishes and turn-key buildout options.
Where is this office unit located?
The property is located at O-8382 W Gage Blvd Kennewick, WA.
What are key features of this property?
This property features: Suite O configured for office, service, or professional users and can be demised into smaller suites.; Buildout options include standard office finishes: rolled carpet, cove base, paint throughout, standard electrical service, and LED lighting.; Option #1: 1,750+/- SF at $18.00/SF plus utilities.
