Contacts
Property Details
- Property Type Retail
- Lot Size 75,188 SF
- Year Built 2006
- Date Updated Aug 17, 2026
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 term ination 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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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84/100
Walk Score ®
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39/100
Transit Score ®
-
50/100
Bike Score ®
Location
- City Kennewick, WA
- Zip Code 99336
- Market Tri Cities
Points of Interest
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Pasco
3.84 miles
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Chevron
0.28 miles
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Shell
0.40 miles
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Metro (Truck Stop)
0.64 miles
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Circle K
0.73 miles
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Maverik
0.93 miles
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Fred Meyer
1.00 miles
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Tesla Supercharger
1.02 miles
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76
1.05 miles
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Conoco
1.17 miles
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Speedway
1.61 miles
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Union & 27th Park and Ride
2.19 miles
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Duck Pond
2.21 miles
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Frisbee Golf Course
2.58 miles
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Reserved Parking
2.71 miles
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Main Event Parking
2.84 miles
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Overflow Parking
2.89 miles
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Student Parking
3.03 miles
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Softball/Baseball & Observatory Parking
3.13 miles
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Staff Parking Lot
3.17 miles
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South Campus Loop Parking Lot
3.17 miles
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Panda Express
0.05 miles
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Popeyes
0.07 miles
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Shanghai
0.09 miles
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Graze
0.12 miles
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The Crazy Crab Place
0.16 miles
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Double Dragon Restaurant
0.17 miles
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Birrieria el Sazón
0.18 miles
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Carl's Jr.
0.20 miles
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La Posada Mexican Grill
0.20 miles
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Taco Bell
0.21 miles
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East Africa Grocery & Halal
0.17 miles
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Livin' the Dream
0.19 miles
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Highlands Organic Market
0.19 miles
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Clearwater Plaza
0.21 miles
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Big Lots
0.33 miles
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First Plaza
0.44 miles
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Kennewick Square
0.47 miles
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Crossroads Mall
1.00 miles
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Fred Meyer
1.06 miles
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WinCo Foods
1.08 miles