LISTING DETAILS

3600 Clearwater Avenue

3600 W Clearwater Ave Kennewick WA 99336

Listing #: 688984 | Status: Available | Last Modified: 11/5/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate6.50 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building SF12,676 SF
Net Rentable Area12,676 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF38,768 SF
Acres0.89
Year Built1980
Property Type
Property TypeRetail
InvestmentYes
Location
CountyBenton
Cross StreetMorain
Market AreaBenton County
Tax ID #134994080000019
ZoningCC

Saunders Square

Public Comments

We are pleased to present the opportunity to acquire a 100% occupied, 12,676 SF retail center located on W Clearwater Ave, one of Kennewick’s primary retail corridors. The property includes a balanced mix of national and local tenants, with multiple long-term occupants. Notably, Rent-A-Center has occupied 39% of the center for over 25 years, while Metro PCS and Smoke City together occupy 23% of the center and have been tenants for approximately 10 years each. Currently, 78% of the Gross Leasable Area is leased at rates well below market, offering an investor the opportunity to acquire a fully stabilized center with future upside potential. At a competitive price of $200 per square foot, the property is offered well below replacement cost, with similar retail centers being developed upwar

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Strip Mall

3600 Clearwater Avenue
3600 W Clearwater Ave Kennewick WA 99336

Listing #: 688984 | Status: Available | Listing Date: 11/5/2024 | Last Modified: 11/5/2024 | Email Listing

For Sale

3600 Clearwater Avenue

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