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Executive Summary

Central Washington Properties, Inc. & KINEX Commercial, Inc. are pleased to present the Cascade Parkway Building for acquisition, located at 1015 East Lincoln, Yakima, WA 98901.
A 100% leased seven-tenant flex warehouse located in Yakima, WA bordering Interstate 82. Included in the price is an additional development opportunity of a 1.7 Acre vacant parcel abutting the building and I-82.
Tenants are a mix of national, regional, and local companies. The building has been 100% leased for over 5 years and all Tenants are NNN leases with annual increases.

Property Facts

Price $8,950,000
Price Per SF $107.10
Sale Type Investment NNN
Cap Rate 7.50%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Showroom
  • Showroom
  • General Retail Health Club
Building Class B
Lot Size 6.12 AC
Rentable Building Area 83,568 SF
No. Stories 1
Year Built/Renovated 1979/1996
Parking Ratio 3.05/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 22
Opportunity Zone Yes
Zoning RD - Regional Development

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
191318-44033
Land Assessment
$560,700
Improvements Assessment
$962,300
Total Assessment
$1,523,000
  • Listing ID: 38536757

  • Date on Market: 11/21/2025

  • Last Updated:

  • Address: 1015 E Lincoln Ave, Yakima, WA 98901

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