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.