Retail Space - For Sale
3600 West Clearwater Avenue Kennewick, WA 99336
Details & Description
Price: $2,400,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.890
  • Building Sq Ft 12,676
  • Building Price per Sq Ft $189.33
  • Land Sq Ft 38,768
  • Land Price per Sq Ft $61.91
This property is now ready for an investor seeking passive income. The property has a strong rental history due to it's prime location at the intersection of Clearwater and Morain, in Kennewick. Rent A Center has served as an anchor tenant on the site for over 20 years and other tenants have grown within the property as spaces have come available. The most recent lease is for a Mexican Restaurant, on a 7 year agreement with increases built in to the initial term.Highlights100% OccupiedStrong Tenant HistoryPrime Corner LocationNNN Leases
Listing Agents
Rob Ellsworth
SVN Commercial Real Estate Adv
O: 509-430-2378
rob.ellsworth@svn.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

3600 West Clearwater Avenue

Kennewick, WA 99336

Clearwater Morain Retail Center

Listing ID: 207852
$2,400,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.890
  • Building Sq Ft 12,676
  • Building Price per Sq Ft $189.33
  • Land Sq Ft 38,768
  • Land Price per Sq Ft $61.91
  • 3600 West Clearwater Avenue Kennewick, WA 99336 | for Sale | Photo 1
  • 3600 West Clearwater Avenue Kennewick, WA 99336 | for Sale | Photo 2
  • 3600 West Clearwater Avenue Kennewick, WA 99336 | for Sale | Photo 3
3600 West Clearwater Avenue | for Sale | Thumbnail 1
3600 West Clearwater Avenue | for Sale | Thumbnail 2
3600 West Clearwater Avenue | for Sale | Thumbnail 3
Description

This property is now ready for an investor seeking passive income. The property has a strong rental history due to it's prime location at the intersection of Clearwater and Morain, in Kennewick. Rent A Center has served as an anchor tenant on the site for over 20 years and other tenants have grown within the property as spaces have come available. The most recent lease is for a Mexican Restaurant, on a 7 year agreement with increases built in to the initial term.

Highlights

100% Occupied

Strong Tenant History

Prime Corner Location

NNN Leases

Attachments & Files

Listing Demographics for 3600 West Clearwater Avenue Kennewick, WA 99336

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population14,44579,707163,839
Population Median Age333635
Population by Age0-9 Yrs2638 (18%)12947 (16%)27925 (17%)
10-19 Yrs1988 (13%)10929 (13%)23678 (14%)
20-29 Yrs2663 (18%)11647 (14%)23631 (14%)
30-39 Yrs1827 (12%)10893 (13%)23515 (14%)
40-49 Yrs1370 (9%)8349 (10%)18123 (11%)
50-59 Yrs1679 (11%)9418 (11%)17971 (10%)
60-69 Yrs1242 (8%)8178 (10%)15081 (9%)
70+ Yrs1037 (7%)7346 (9%)13914 (8%)
Median HH Income$40,520$56,860$62,645
Total Household Income< 24K1705 (30%)6139 (21%)9897 (17%)
25-49K1534 (27%)6424 (22%)12103 (21%)
50-74K1227 (22%)5919 (20%)11445 (20%)
75-99K658 (11%)3867 (13%)7786 (13%)
100-199K398 (7%)5306 (18%)12384 (22%)
200K+56 (1%)1050 (3%)2560 (4%)
Highest Education LevelNo Diploma1274756816172
Diploma or GED31421422426518
Some College21671236523838
Assoc. Degree674490410030
Bachelors Degree883724915729
Higher Degree52238898527
Total Housing Units5,89730,29659,158
--Owner-Occupied2,26617,76236,825
--Renter-Occupied3,31110,94319,350
Owner-Occupied Values< 100K36920803622
100-199K1240635812654
200-299K522589412465
300-399K5621615319
400-499K126361342
500K+686331423
Total Working Age Population10,59060,362121,344
In Work Force6,42537,31877,869
Not In Work Force4,16523,04443,475
Workforce Employed5,72934,96773,241
Workforce Unemployed6962,3184,540
Civlian Workforce6,42537,28577,782
Military Workforce03287
Total Households5,57728,70556,175
Family Households3,17018,61238,354
Non-Family Households2,40710,09317,821
Married Couple1,74713,13327,938
Other Family1,4235,47910,416
Married w/Child8795,71312,821
Single Male w/Child3329041,731
Single Female w/Child7072,6224,979

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Washington5,894,121+146,724,540+147,638,415+118,503,178
Benton County142,475+23175,177+15201,563+13228,162
Franklin County49,347+5878,163+2899,712+28127,443

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
120 North Morain Street, Kennewick, WA $1,750,000 29294 1
3180 West Clearwater Avenue, Kennewick, WA $4,200,000 42402 1.5
240 North Ely Street, Kennewick, WA $1,500,000 7003 0.72
4307 West Court Street, Pasco, WA $625,000 5946 0.52
3405 West Court Street, Pasco, WA $1,800,000 25389 3.08
1211 East Lewis Street, Pasco, WA $1,200,000 2109 0.72
1275 Lee Boulevard, Richland, WA $850,000 7432 0.66
1120 North Main Street, Stanfield, OR $2,553,000 10640 1.15
1005 North Euclid Road, Grandview, WA $2,483,000 10640 1.17
2926 Covey Lane, Sunnyside, WA $749,900 3196 0.69
Closest Commercial Airports
Airport Distance (mi)
Spokane International Airport (GEG) 124
Portland International Airport (PDX) 170
Seattle Tacoma International Airport (SEA) 171
Listing Agent
Rob  Ellsworth - CRE Agent at SVN Commercial Real Estate Adv

Rob Ellsworth

SVN Commercial Real Estate Adv
More listings from Rob Ellsworth
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