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Investment Highlights

  • Located in a high-traffic retail node alongside major anchors such as Walmart, McDonald’s, Starbucks, and Home Depot.
  • Built in 2013 with a contemporary inline layout adaptable to various tenants.
  • 100% occupancy with market-rate NNN leases supporting predictable cash flow.
  • Positioned within an economically vibrant Tri-Cities region experiencing ongoing population growth and new retail demand.

Executive Summary

The Plaza at Canyon Lakes is a fully leased, 25,850 SF retail shopping center positioned in one of South Kennewick’s premier commercial corridors. Offered at $8,164,000 with a competitive 6% cap rate, this investment delivers stable cash flow through a 100% occupied tenant mix of established local and national brands, including Anytime Fitness, Papa Johns, Tip’s Thai House, and others. Built in 2013, the property offers modern design and a flexible configuration suitable for a range of retail uses.
Situated adjacent to a Walmart ranked in the top 3% nationwide in customer activity, this center benefits from significant spillover traffic and sustained demand. The surrounding trade area boasts consistent population growth, strong household income, and an economy anchored by healthcare, manufacturing, and federal research facilities such as the Hanford Site and Pacific Northwest National Laboratory. With no state income tax, short commutes, and attractive living costs, the Tri-Cities region continues to draw businesses and residents, reinforcing long-term investment stability.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
25,850 SF
Building Class
B
Year Built
2013
Price
$8,164,000
Price Per SF
$315.82
Cap Rate
6%
NOI
$489,847
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
8.50 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Anytime Fitness is a global fitness franchise headquartered in Woodbury, Minnesota, and was founded in 2002. The company operates under Self Esteem Brands, its parent organization, which later merged with Orangetheory Fitness to form Purpose Brands. Anytime Fitness was established to provide members round-the-clock gym access through compact, convenience-focused fitness centers. Its franchising model accelerated rapid expansion and helped position it as a major international fitness brand. Over the years, Anytime Fitness has developed a significant global footprint supported by accessible membership options and consistent gym formats. The organization maintains a privately held structure under its parent company and continues to build on its original mission of providing accessible fitness solutions. Notable milestones include its large-scale international growth and the strategic merger that created a broader wellness-focused holding company.

  • Health Care and Social Assistance
  • -
  • -
  • -

At Designed Life Chiropractic, we strive to provide personalized care to all our patients. We use some of the most state of the art technology along with our specific chiropractic technique, to help relieve you and your family from your health concerns!

  • Information
  • -
  • -
  • -

Founded in Southern California in 1995, GoWireless has continually strived to be a driving force in the wireless industry. With the rapid growth and ever changing technology of the wireless industry, it has always been their corporate vision to enrich people's lives through wireless communications while providing exceptional customer service. With over 670 stores coast to coast, they are accomplishing their goals. Because of their outstanding partnership with Verizon Wireless, they are able to offer their customer's quality products and services on the nation's largest 4G LTE network and the largest, most reliable 3G network. They pride themselves on delivering industry leading customer service online, over the phone, and in person. Because of their commitment to their customers, they are able to offer exclusive, one of a kind packages such as the GoAdvantage and Ready 2 Go. These exciting offers make sure their customers stay powered, connected and protected!

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

H&R Block began when brothers Henry and Richard Bloch started offering tax preparation services in Kansas City, Missouri. The company pioneered the tax preparation industry by providing affordable assistance to individuals and small businesses. Today, it operates thousands of retail offices worldwide while also offering do-it-yourself online tax solutions. In addition to core tax services, H&R Block provides payroll services, business consulting, and financial products like refund advances. The company serves clients in multiple countries through both physical locations and digital platforms.

  • M&C Nails Spa
  • Services
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Papa Johns began in 1984 when founder John Schnatter converted a broom closet into a pizza operation. The company quickly expanded through franchising and now maintains a significant international footprint. The business focuses on pizza delivery and carryout services while emphasizing fresh ingredients. Their product lineup includes various pizza styles, sides, desserts, and beverages. Though originally based in Indiana, the brand developed a global presence through both company-owned and franchised locations. The company's commitment to quality ingredients remains central to its operations.

  • Services
  • -
  • -
  • -

Salon 509 is proud to offer the South Kennewick area high quality hair and beauty services and products. Our exceptional team of experienced stylists are ready to provide you a refreshing experience in our modern and convenient salon.

  • Accommodation and Food Services
  • -
  • -
  • -

Tip's Thai House is a casual Thai restaurant in Kennewick providing customers with both lunch and dinner. Come by and have a quick bite, sample our distinctive confections, or connect with friends in a cozy atmosphere. Call or come in to ask about reservation options, takeout, or our vegetarian choices.

  • Information
  • -
  • -
  • -

Verizon Communications originated in 1983 as Bell Atlantic after the AT&T breakup. The company merged with GTE in 2000, forming Verizon Communications. Today, it operates consumer services like wireless networks and Fios fiber-optic internet and TV. Its business segment provides networking, cloud solutions, and security services. Verizon remains one of the largest telecommunications providers in the United States.

  • Information
  • -
  • -
  • -

Victra began in 1996 as a wireless retail business in North Carolina and has grown into a nationwide Verizon Authorized Retailer. The company focuses on wireless devices, service plans, accessories, and in-store technical support, serving both individual and business customers. Victra also emphasizes guided sales support and account help through its stores and online channels. Its current business model centers on mobile connectivity, device upgrades, plan changes, and related customer service for Verizon products and services.

Tenant Industry SF Occupied Rent/SF Lease End
Arts, Entertainment, and Recreation - - -
Health Care and Social Assistance - - -
Information - - -
Professional, Scientific, and Technical Services - - -
M&C Nails Spa Services - - -
Accommodation and Food Services - - -
Services - - -
Accommodation and Food Services - - -
Information - - -
Information - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 104
  • 1,604 SF
  • Retail
  • End Cap
  • Now

MLS # Beautiful end cap space available. Excellent high traffic location in South Kennewick across from Walmart, Fairchild Cinema, McDonalds, Burger King, and Starbucks and many others. Open space with break room and plenty of parking. Center has a great tenant mix consisting of a restaurant, Anytime Fitness, salon, Papa Johns etc... Tenant is still occupying the space, so please contact LA for more information and showings.

Space Size Space Use Position Available
104 1,604 SF Retail End Cap Now

104

Size
1,604 SF
Space Use
Retail
Position
End Cap
Available
Now

104

Size 1,604 SF
Space Use Retail
Position End Cap
Available Now

MLS # Beautiful end cap space available. Excellent high traffic location in South Kennewick across from Walmart, Fairchild Cinema, McDonalds, Burger King, and Starbucks and many others. Open space with break room and plenty of parking. Center has a great tenant mix consisting of a restaurant, Anytime Fitness, salon, Papa Johns etc... Tenant is still occupying the space, so please contact LA for more information and showings.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Orangetheory Fitness
Starbucks
Dutch Bros
CrossFit
The Original Pancake House

Property Taxes

Property Taxes

Parcel Number
115892BP5274001
Land Assessment
$768,660
Improvements Assessment
$4,291,060
Total Assessment
$5,059,720
  • Listing ID: 40367808

  • Date on Market: 5/1/2026

  • Last Updated:

  • Address: 2909 S Quillan St, Kennewick, WA 99337

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