8318 Gage Blvd Kennewick, WA 99336

This exceptional retail investment opportunity presents a stabilized, multi-tenant storefront property located at 8318 W Gage Blvd, Kennewick, WA 99336. The 9,000 square foot building, constructed in 1977, sits on a 0.58-acre lot within Benton County's Commercial District (APN: 130994000013002). Currently boasting 100% occupancy with three tenants, this property generates a strong net operating income (NOI) of $121,168, resulting in a compelling 6.00% capitalization rate. The property's prime location near Columbia Center on Gage Blvd, across from Costco and Olive Garden, ensures high visibility and strong foot traffic. Its strategic position on Columbia Center Parkway, now extending to Tapteil, further enhances its accessibility and appeal. The flexible Commercial District zoning allows for diverse future uses, including potential owner-occupancy. Approximately 2,145 square feet could be owner-occupied, with a lease takeover option. The asking price is $2,020,000, translating to $224.44 per square foot. This is a rare opportunity to acquire a high-performing retail asset in a thriving Kennewick location. Please note that the property is fully leased, and tenants should not be disturbed.