Kennewick, Washington offers a diverse range of investment opportunities in shopping centers, with 1 listings currently available for sale. Shopping centers are a great investment option in Kennewick due to the city's strong retail sector, which is driven by the Columbia Center Mall, a major retail hub that attracts shoppers from a wide area in southeast Washington and northeast Oregon. Shopping centers can represent a variety of investments, including retail spaces, restaurants, and entertainment venues. They can also offer a range of amenities, such as parking, security, and maintenance services. Kennewick's shopping centers are well-located, with easy access to major roads and highways, making them an attractive option for businesses and customers alike. The city's strong economy, diverse industries, and growing population also make it an ideal location for shopping centers. Additionally, Kennewick is home to several major companies, including Lamb Weston and Tyson Foods, which can provide a steady customer base for shopping centers.
Kennewick's shopping centers are situated in a city with a rich history and culture, with attractions like the Tri-Cities Water Follies and the Benton and Franklin Counties fair. The city is also close to Washington's wine country, with over 300 wineries and wine bars in the area. In addition to shopping centers, Kennewick also offers a range of other investment opportunities, including restaurants, specialty properties, land, and office properties. For example, the city's historic downtown area features many antique and clothing shops, making it an attractive location for restaurants and specialty properties. The Southridge district is a quickly growing area in the south end of town, with a range of new developments and amenities, making it an ideal location for land and office properties. The city's strong economy and diverse industries also make it an attractive location for office properties. Overall, Kennewick offers a range of investment opportunities, with shopping centers being just one of many options available.
What is the average cap rate for shopping centers in Kennewick?
The average cap rate for shopping centers in Kennewick is 6.36%, making it an attractive option for investors seeking a stable return on investment in a city with a diverse economy and strong retail sector.
