The Plaza at Canyon Lakes
Retail | 6.00% CAP | 25,850 SqFt
Marketing description
2909 S Quillan St is a modern 25,850 SF retail shopping center built in 2013, offered for sale at $8,164,000. The center is fully leased with stable local tenants such as Anytime Fitness, Verizon, M&C Nails Spa, Papa Johns, Salon 509, and Tip’s Thai House. Located in one of South Kennewick’s premier high-traffic commercial corridors, this well-maintained retail property sits adjacent to major national anchors including Walmart, McDonald’s, Burger King, Starbucks, and Home Depot, delivering strong visibility and daily customer draw.
Investment highlights
• Prime Location & Tenant Synergy- High-traffic South Kennewick retail node with national retailers generating built-in foot traffic and customer draw.
• Stabilized Cash Flow- The asset operates at 100% occupancy with all leasable space under executed, market-rate leases to qualified tenants.
• Modern Construction & Condition - Built in 2013 with flexible inline retail layout suitable for a variety of uses.
• NNN Lease Structure - Minimizes landlord operating expenses on leased spaces.
• Growth Market Potential - Positioned to benefit from ongoing Tri-Cities population gains, retail demand, and limited new competitive supply in this submarket.
• Shadow Anchored to Walmart.
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