1200 Chesterly Dr | Yakima, WA 98902
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- LoopNet Team
1200 Chesterly Dr
Yakima, WA 98902
PLAZA II · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire an investment grade office building where the cap rate does not manipulate the value to command above market normalcies.
- An abundance of relatively simple value-add opportunities exists.
- Good diversified tenant mix includes a software company, a dentist, a state agency, a commercial real estate firm, an aesthetician, copier sales, etc.
- Class B bldg in a Class A location, providing an excellent option for tenants who want to be in the area at more affordable rents.
- Seller is willing to lease back the vacant spaces for a period of up to 1-year following closing.
- 2019 actual NOI was approximately $369,053.
PROPERTY FACTS
Property Type
Office
Building Size
34,824 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,412 SF
Building FAR
0.38
Lot Size
2.10 AC
Zoning
GC
Parking
135 Spaces (3.88 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 181315-12415 | Improvements Assessment | $3,120,400 |
| Land Assessment | $913,250 | Total Assessment | $4,033,650 |
PROPERTY TAXES
Parcel Number
181315-12415
Land Assessment
$913,250
Improvements Assessment
$3,120,400
Total Assessment
$4,033,650
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