Technical
Financial
Distress signals
Property profile

5225 Canal Dr Kennewick, WA 99336

OFF-MARKET
Grocery and convenience stores
Property ID
US90-2979664
2,400 SF 0.64 ac lot Built 1975
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,400 square foot single-tenant retail building is ideally situated at a high-visibility corner lot in Kennewick, Washington, at the intersection of West Canal Drive and North Edison Street. Built in 1975, the well-maintained property boasts excellent exposure to significant foot and vehicle traffic, making it a prime location for a diverse range of retail or service-oriented businesses. The building sits on approximately 0.64 acres of land, providing ample space and visibility. The lease rate is $24.00 per square foot, based on a modified gross lease. The lease term is flexible, ranging from 3 to 5 years, offering potential tenants the opportunity to tailor the agreement to their specific needs. Located in Benton County, Washington, with the address 5225 W Canal Dr, Kennewick, WA 99336, this property presents a compelling opportunity for businesses seeking a prominent location with high traffic volume in a thriving community. The property's convenient location and ample space make it an attractive option for a variety of retail uses.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.64 ac (28,000 SF)
APN 133991010088002
UPID US90-2979664

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

5225 Canal Dr Kennewick, WA 99336-1402
Kennewick metro Census 10901 KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.38M

Owner & transaction history

since 2024
Last sale
$1.4M
7 recorded transactions
2024
$1.6M
2010
Price N/A
2007
$297,000
2006
Price N/A
2006
Price N/A
2006
Price N/A
2004
$265,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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