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Yelm Fay Fuller Office Retail Condos 106-130 Prairie Park St NE 6,306 SF 100% Leased Retail Building Yelm, WA 98597 $1,825,000 ($289.41/SF)
Executive Summary
Tenancy: 5 tenant suites comprised of 2 condo units on entire ground floor
Occupancy: 100% leased
Legacy: Strong pride of ownership, owned by original developer
Class A: No deferred maintenance - $40,000+ on HVAC upgrade in 2024
Utilities: Separately metered utilities
HOA: Landlord currently pays HOA, and maintenance expenses
Occupancy: 100% leased
Legacy: Strong pride of ownership, owned by original developer
Class A: No deferred maintenance - $40,000+ on HVAC upgrade in 2024
Utilities: Separately metered utilities
HOA: Landlord currently pays HOA, and maintenance expenses
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,306 SF
Building Class
B
Year Built
2002
Price
$1,825,000
Price Per SF
$289.41
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.44 AC
Zoning
C-1
Parking
25 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
165’ on Prairie Park Ln SE
Amenities
- Bus Line
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,207,300 | |
| Land Assessment | $156,400 | Total Assessment | $1,363,700 |
Property Taxes
Parcel Numbers
Land Assessment
$156,400
Improvements Assessment
$1,207,300
Total Assessment
$1,363,700
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Yelm Fay Fuller Office Retail Condos | 106-130 Prairie Park St NE
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