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Jiffy Lube - Yakima, WA 301 S 1st St 2,315 SF Retail Building Yakima, WA 98901 $775,000 ($334.77/SF) 7.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Backed By an Experienced 80+ Unit Jiffy Lube Franchisee With a Strong Regional Footprint
- Tenant has operated at this location since 1984, reflecting long-term performance and site commitment.
- Located in a supply-constrained market with limited new retail development and high barriers to entry.
- Priced at $755,000 with a 7.50% CAP, offering an attractive yield under the $1M mark.
- Eligible for bonus depreciation, allowing investors to accelerate tax benefits through cost segregation.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 2,315 SF Jiffy Lube located at 301 S 1st St in Yakima. This property qualifies for 100% bonus depreciation, a tax advantage that allows investors to accelerate write-offs through cost segregation. The lease is backed by an experienced 80+ unit Jiffy Lube franchisee with a strong regional footprint, making this a compelling opportunity for investors seeking both tax efficiency and long-term stability.
BoR: Marianne Christian - Lic. WA #12244
BoR: Marianne Christian - Lic. WA #12244
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,315 SF
Building Class
C
Year Built
1984
Price
$775,000
Price Per SF
$334.77
Cap Rate
7.49%
NOI
$58,080
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
GC
Parking
25 Spaces (10.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Jiffy Lube
- Retailer
- 2,315 SF
- $25.09
- Double Net
- Dec 2032
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Jiffy Lube | Retailer | 2,315 SF | $25.09 | Double Net | Dec 2032 |
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 191319-31424 | Improvements Assessment | $354,700 |
| Land Assessment | $211,950 | Total Assessment | $566,650 |
PROPERTY TAXES
Parcel Number
191319-31424
Land Assessment
$211,950
Improvements Assessment
$354,700
Total Assessment
$566,650
CONTACTS
-
Carlos Arizpe -
Max Watson -
Baker Baine -
Ethan Offenbecher -
Sands Investment Group Austin, LLC
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Jiffy Lube - Yakima, WA | 301 S 1st St
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