Property profile

7401 Hood Pl Kennewick, WA 99336

OFF-MARKET
Industrial properties
Property ID
US90-2850011
Entity Owned Free & Clear
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Property summary

AI-generated overview

West Hood Place, a centrally located two-story office building in the Tri-Cities Central Business District, offers a unique investment opportunity. Built in 1995 and renovated in 2013, this property boasts a total of 27,247 square feet across 14 suites, making it ideal for a variety of tenants. Currently, one suite of 913 square feet is available for lease. The building features a traditional office layout, suitable for executive offices or medical practices, offering flexibility for diverse business needs. With ample parking for 57 vehicles, convenient access is ensured for employees and clients alike. The building's location provides easy access to Colorado St, placing it at the heart of the Tri-Cities commercial activity. While there are no elevators, the two-story design maintains accessibility. This well-maintained property presents a strong opportunity for businesses seeking a quiet, established location within a thriving business district. The multiple tenancy structure allows for diverse income streams and potential for future growth. The property's central location and recent renovations make it a highly desirable option for businesses seeking a professional and convenient workspace in the Tri-Cities area. The available suite offers immediate occupancy, providing a seamless transition for new tenants.

Property profile

Verified
Property type Industrial properties
Use group CONSTRUCTION/CONTRACTING SERVICES
APN 30PS86200000000
UPID US90-2850011

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
  • Construction Company General Contractor
  • Physician
  • Law Firm
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Physician

Location

7401 Hood Pl Kennewick, WA 99336-3400
Kennewick metro Census 10901 KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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