4040 Terrace Heights Dr
Yakima, WA 98901
Stone Terrace · Property For Lease

The Stone Terrace development has its first vacancy due to the departure of Terrace Village Pharmacy, a casualty of the changing health care industry. This is a beautiful center unit in the main building with extremely high visibility and a grand presence located between Subway and Papa Murphy’s Pizza; both have recently renewed long term leases. This 864 SF unit is 24' wide and 36' deep and has high ceilings (12'+), LED lighting, its own HVAC system and a private restroom with tile floor. There are 2 access entrances to the 46 space parking lot, which was just re-sealed and re-striped. Stone Terrace spans an entire block on the major arterial between the residential community of Terrace Heights and Yakima and is located on the southwest corner of the signalized intersection of Terrace Heights Drive and 41st Street; Banner Bank, Terrace Heights Elementary School and a community park are also located at this intersection. Residential construction is exploding in the immediate vicinity and, just announced, a major development is proposed to add 1000 single family residences and a winery lodge nearby. This traffic and other residential traffic is funneled to the intersection of Terrace Heights Drive and 41st Street - directly to the Stone Terrace development. Stone Terrace is very popular with walking traffic and is conveniently located for vehicle traffic on the "going-home" side of Terrace Heights Drive. Pacific Northwest Medical University (PNWU), located only 7 blocks away, is expanding again this year to add even more medical students to the area. Work has begun on the medical clinic located on 1.5 acres of vacant land directly across Terrace Heights Drive from Stone Terrace, with an additional 5 acres donated to PNWU for future expansion. This is a NNN lease with no management fees. 5 year minimum lease.