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301 S 1st St 2,315 SF Retail Building Yakima, WA 98901 $774,000 ($334.34/SF) 7.50% Cap Rate
Investment Highlights
- Lease with 6.7 Years Remaining and Strong National Tenant
- Income Tax Free State of Washington and Accelerated Depreciation Benefits
- High Traffic Location with 16,000+ Vehicles Per Day on S 1st Street
- Below Market Rent Provides Strong Tenant Renewal Probability and Upside
- Recession-Proof Quick Lube Business Model with Consistent Cash Flow
Executive Summary
Brian Brockman
License # 21256, 27380 (WA)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
Jiffy Lube® is a leading provider of automotive preventive maintenance. With a national footprint of franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between. Jiffy Lube technicians are not just highly trained in preventive maintenance, they are also highly trained in customer service. So if clients have any questions about vehicle maintenance or the services performed at any Jiffy Lube service center, a technician will help them find the resources and information they need, whether it’s in-store, online or by accessing the client's vehicle manufacturer’s recommendations. It’s just another way Jiffy Lube strives each and every day to help customers Leave Worry Behind® .
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 191319-31424 | Improvements Assessment | $354,700 |
| Land Assessment | $211,950 | Total Assessment | $566,650 |
Property Taxes
Presented by
301 S 1st St
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