3601 Plaza WayKennewick, WA 99338

Property Details for 3601 Plaza Way

Year built

2023

Construction

CONCRETE

Lot size

0.95 AC

Property size (Sq ft)

6,353 SF

Property type

Office properties

Property subtype

Office buildings

APN

116891013040010

APU

116891013040010

Description

This exceptional Class A commercial property, located at 3601 Plaza Way in Kennewick, Washington, 99338, presents a unique investment opportunity. The newly constructed, single-story building boasts 6,297 square feet of total space, with 3,200 square feet currently vacant and available for lease. The property is zoned Commercial - Community and features a convenient 0.95-acre lot, providing ample space and visibility. The building offers flexible suite sizes, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,200 square feet, perfect for a variety of medical office or retail uses. The high ceilings (16 feet) provide a spacious feel, and the property includes 46 parking spaces for tenant and visitor convenience. Its prime location offers excellent visibility along US Highway 395, placing it steps away from Trios Health Southridge Hospital, ensuring high traffic and accessibility. The property's APN is 116891013040010, and its cross street is W. Hildebrand Blvd. This is an ideal location for businesses seeking high visibility and proximity to a major medical facility. The building's modern design and convenient amenities make it an attractive option for businesses looking to establish or expand their presence in the thriving Kennewick market. The property's year of construction is 2023, ensuring modern building systems and finishes. This is a rare opportunity to secure space in a highly desirable location with excellent visibility and ample parking.

• CAP approach

  CAP return

  Valuation

  6%

  $1,294,531

  6.5%

  $1,194,952

  7%

  $1,109,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,354,523

  Geo Method

  $1,354,523

• Alternative Use

  Use

  Valuation

  Residential

  $1,481,740

  Hospitality

  $1,357,266

  Educational

  $1,129,229

  Medical

  $1,168,065

  Retail

  $1,756,579

Location Insight

City

Kennewick

County

Benton

State

Washington

Latitude

46.1776

Longitude

-119.188

CBSA code

28420

CBSA name

KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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