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Executive Summary

Exceptional commercial investment opportunity located on a prime, high-traffic corridor in Kennewick. Positioned conveniently near the cross street of Steptoe Street and West Gage Boulevard, this two-story office condominium property features Suites 101B and 201B, totaling 14,334 square feet of functional office space. Key Highlights - Established Tenant History: Stable asset with a long-term tenant occupying the building for over 26 years. Modernized Workspaces- Thoroughly updated in 2019 with updated flooring, fresh paint, new carpet tiles, refreshed trim, a modernized reception area, and updated main-floor bathrooms. Flexible Functional Layout -Designed for large-scale operations, featuring a spacious training room, two dedicated conference rooms, and multiple private office spaces. Building Specs & Features - Durable stucco and wood frame construction with a metal roof, central air/heat pump system, vinyl windows, timed underground sprinklers, and full fire suppression. Ample Parking & Accessibility - Dedicated parking lot offering 25+ spaces (41–50space capacity), sidewalk/street light infrastructure, and public sewer/water utilities.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
14,334 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
2001/2019
Price
$4,599,000
Price Per SF
$320.85
Cap Rate
5.22%
NOI
$240,068
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,167 SF
Building FAR
0.70
Lot Size
0.47 AC
Zoning
Commercial - Commercial Condominium Two Units
Parking
98 Spaces (6.84 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Courtyard
  • Security System
  • Kitchen
  • Central Heating
  • Partitioned Offices
  • Monument Signage
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 201A
  • 2,094 SF
  • Office
  • Full Build-Out
  • Now

MLS# 290659 Wonderful sublease opportunity of 2,094-sq. ft., well-appointed condo office in professional building on Gage Blvd. in Kennewick. This space has an inviting reception area, four offices with exterior windows, an open copy/break room with ample storage, interior conference room, small interior room with a hallway window, and an open area leading to rear hallway that would work well for a library, sitting area or additional storage. Current Lessee will cover NNN expenses through November 30, 2026. Sub-lessee rent will be $3,000 per month plus utilities. Sub-Lessee and sublease subject to Landlord approval. Furniture is not included but is available for sale to Sub-Lessee by Current Lessee.

Space Size Space Use Build-Out Available
2nd Fl-Ste 201A 2,094 SF Office Full Build-Out Now

2nd Fl-Ste 201A

Size
2,094 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 201A

Size 2,094 SF
Space Use Office
Build-Out Full Build-Out
Available Now

MLS# 290659 Wonderful sublease opportunity of 2,094-sq. ft., well-appointed condo office in professional building on Gage Blvd. in Kennewick. This space has an inviting reception area, four offices with exterior windows, an open copy/break room with ample storage, interior conference room, small interior room with a hallway window, and an open area leading to rear hallway that would work well for a library, sitting area or additional storage. Current Lessee will cover NNN expenses through November 30, 2026. Sub-lessee rent will be $3,000 per month plus utilities. Sub-Lessee and sublease subject to Landlord approval. Furniture is not included but is available for sale to Sub-Lessee by Current Lessee.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
130993080005000
Land Assessment
$373,740
Improvements Assessment
$1,357,350
Total Assessment
$1,731,090
  • Listing ID: 42035396

  • Date on Market: 9/3/2026

  • Last Updated:

  • Address: 8836 W Gage Blvd, Kennewick, WA 99336

Contact the Sale Advisor

Gage Business Center | 8836 W Gage Blvd

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