2909 S Quillan St - Retail FOR SALE


Kennewick, WA 99337
$8,044,000 USD
206-475-5578
2909 S Quillan St, Kennewick, WA for Sale
$8,044,000 USD
Retail - FOR SALE
1/6
null | 6% Cap Rate

2909 S Quillan St
Kennewick, WA 99337


HIGHLIGHTS

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

OVERVIEW

The Plaza at Canyon Lakes is a premier neighborhood retail center located in the heart of South Kennewick's dominant retail corridor. The property is shadow anchored by one of the highest-performing Walmart Supercenters in the country and is surrounded by major national retailers, restaurants, and service businesses that generate consistent daily traffic. The offering provides investors with stable in-place cash flow while preserving meaningful upside through the lease-up of a highly visible 1,604-square-foot end-cap suite and future mark-to-market opportunities across several existing tenants. Financials are projected as of January 1, 2027, reflecting the recently executed Tip Thai House lease and positioning the asset for continued NOI growth. With modern 2013 construction, strong demographics, an established tenant roster, and embedded value-add opportunities, The Plaza at Canyon Lakes offers an attractive combination of stability, income, and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$8,044,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Plaza at Canyon Lakes

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.5 AC

LAND SF

370,260 SF

ZONING

-

APN/PARCEL ID

115892BP5274001

ASK ABOUT THIS PROPERTY

Christopher EdwardsACRE CommercialMore Info
206-475-5578

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Christopher EdwardsACRE CommercialMore Info
206-475-5578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.