911 Auburn St Kennewick, WA 99336-5662
Property summary
This 2,592 square foot traditional office space, located at 911 S Auburn St, Kennewick, WA 99336 (APN 101894010418005), is currently single-net leased to a stable non-profit health services organization. The lease has four years remaining. The property boasts a 7.8% cap rate and a projected Net Operating Income (NOI) of $24,991 in 2024. Part of the 16-unit Auburn Center commercial condo complex, this building underwent cosmetic renovations in 2021 and is situated in a prime location, connecting to 10th Avenue and just one block from Washington Street, key arterials in the Southeast Tri-Cities area. The Auburn Center benefits from its proximity to the ongoing $15+ million renovation of a former hospital, slated to reopen in 2025 as a large-scale outpatient mental health and addiction treatment center. This presents significant future growth potential. The asking price for this exceptional investment opportunity is $325,000. The property is part of a complex that historically served as an adjunct to Kennewick General Hospital and now houses a mix of medical, health, non-profit, and professional office tenants.
Property profile
VerifiedCap rate & NOI
Current use
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Drug Testing Service Paternity Testing Service
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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