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    OFF-MARKET Estimated value $1,375,000
    Grocery and convenience stores

    5225 Canal Dr, Kennewick, WA 99336-1402

    2,400 SF 0.64 ac lot Built 1975
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-2979664
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Alvarez Auto Sales Car Dealership
    • Northwest Motor Sales Car Dealership
    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
    Hungry Generation · 1 yrs held
    Hungry Generation
    since 2024
    Last sale
    $1.4M
    7 recorded transactions
    2024
    $1.6M
    2010
    2007
    $297,000
    2006
    2006
    2006
    2004
    $265,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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