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
Ryan Olson
  • Phone:(425) 468-0704
  • Email:ryan.olson@colliers.com
  • Office Name:Colliers International WA, LLC
  • Office Phone:(425) 453-4545
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,610,000.0
  • $/SF$ 311.1
  • Listing StatusAvailable
  • Days on Market170
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • 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 Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyBenton
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaBenton County
  • Tax ID #135993010522005
  • Additional Parcels135993090003001
  • ZoningCC
Construction
  • Year Built2006
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Walgreens Kennewick

Public Comments

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.