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New Construction | Two Tenant NNN Investment 1802 1st 4,176 SF 100% Leased Retail Building Yakima, WA 98903 $3,140,000 ($751.92/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Turn-key investment in Yakima! Built in 2022, this 4,200 sq. ft. building sits on the busy corner of 1st & Mead and is fully leased by Wake Up Call (30+ locations strong) and Mom’s Dishes, a beloved family-owned restaurant. Both tenants are on long-term leases with built-in rent increases, offering stable income and virtually no management.
If you’re looking for an easy, hassle-free commercial investment in a prime location, this is it.
If you’re looking for an easy, hassle-free commercial investment in a prime location, this is it.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,176 SF
Building Class
B
Year Built
2020
Price
$3,140,000
Price Per SF
$751.92
Cap Rate
6%
NOI
$188,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.21 AC
Zoning
C1
Parking
25 Spaces (5.99 Spaces per 1,000 SF Leased)
Frontage
289’ on South 1st Street
AMENITIES
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 191331-11403 | Improvements Assessment | $1,720,500 |
| Land Assessment | $600,200 | Total Assessment | $2,320,700 |
PROPERTY TAXES
Parcel Number
191331-11403
Land Assessment
$600,200
Improvements Assessment
$1,720,500
Total Assessment
$2,320,700
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New Construction | Two Tenant NNN Investment | 1802 1st
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