2800 W Clearwater Ave
Kennewick WA 99336
Kennewick Walgreens
2800 W Clearwater Ave Kennewick WA 99336
Listing #: 707471 | Status: Available | Last Modified: 6/29/2026 |
For Sale
- Phone:(425) 468-0704
- Email:ryan.olson@colliers.com
- Office Name:Colliers International WA, LLC
- Office Phone:(425) 453-4545
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,610,000.0
- $/SF$ 311.1
- Listing StatusAvailable
- Days on Market170
- Asset ClassRetail
- Terms
- Investment Type
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF14820
- Net Rentable Area14820
- Total Office SF
- Largest Contiguous SF
- Lot SF143748
- Acres3.3
- Property TypeRetail
- Office Type
- Building Class
- CountyBenton
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaBenton County
- Tax ID #135993010522005
- Additional Parcels135993090003001
- ZoningCC
- Year Built2006
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Walgreens Kennewick
High visibility corner Walgreens on busy Hwy 395 and Clearwater. Walgreens has ~ 5 years of term remaining before the next renewal. The tenant controls the space until 2081, but has its first termination option in 2031 and every 5 years afterwards. Rent is $414,999 with an additional percentage rent clause. The asking price is $4.61M or ~$311.06 per square foot. The asking cap rate is 9%. There is a drive thru for the pharmacy. The structure was built for Walgreens in 2006. Parking ratio is 4.18/1000 SF. Walgreens Corporate is pleased with this location and is committed to the lease long term. This property makes an excellent 1031 exchange.