Your email has been sent.
Glenwood Square 5110 Tieton Dr 52,275 SF 87% Leased Retail Building Yakima, WA 98908 $4,000,000 ($76.52/SF) 8.72% Cap Rate



Investment Highlights
- Glenwood Square offers over 20 years of successful operations in the heart of Yakima, demonstrating stability and long-term tenant demand
- Existing vacancy provides an opportunity to increase cash flow and improve overall returns as remaining space is leased at market rates
- Originally an apple warehouse, the building features exposed beams and hardwood floors, creating a distinctive setting
- The property is anchored by well-established, locally recognized tenants that generate consistent daily traffic & contribute to a vibrant environment
- Ownership has completed recent upgrades to the property, a roof replacement in 2016, interior fire sprinklers and suppression
- Second-floor theater/ media space offers upside through events, entertainment programming, or alternative uses
Executive Summary
Glenwood Square is anchored by 3 of Yakima’s most popular and long-time established restaurants, offering stable and differentiated rental income at an attractive 8.72% current CAP Rate, generating an immediate 11% cash on cash return with traditional financing.
Located within the affluent West Valley submarket— Yakima’s highest-income submarket -The property benefits from strong surrounding demographics, with a county population exceeding 250,000 residents and approximately 85,000 households.
The building itself offers a distinctive architectural character, featuring exposed rustic beams and heavy hardwood flooring that create an inviting and authentic environment well-suited for a variety of retail and service-oriented uses.
Property Facts
Amenities
- Bus Line
- Fenced Lot
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Apple Box Accounting Llc
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
Founded in 1934, the Grant J. Hunt Company has been a trusted supplier of high-quality fruits and vegetables for over 90 years. Specializing in both organic and conventional produce, the company’s core items include apples, pears, cherries, potatoes, onions, berries, and citrus, available year-round. In 2013, the company expanded its services by launching the Grant J. Hunt Company Marketing Group, bringing over two decades of agricultural marketing experience. This group provides expertise in print and digital design, branding, social media, packaging, and category management. To further support its customers, the company also operates Oakport Transportation, offering reliable produce shipping across the U.S. with a focus on California, the Pacific Northwest, British Columbia, and Nevada. With a legacy of innovation, quality, and service, the Grant J. Hunt Company remains a leader in the produce industry.
- Horizon Research
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
Monique Love, owner and founder of L’Amour Skin and Waxing Studio, strives to help every client see the beauty within themselves. Since becoming a licensed esthetician in 2004, Monique has helped many clients achieve beautiful skin by focusing on healthy skin. Her use of products and treatments is customized for every client to treat their specific conditions and help them achieve their personal skin care goals. To benefit from custom skin care treatments administered by an experienced, licensed esthetician with a passion for beautiful, healthy skin, we invite you to seek the skin care services of L’Amour Skin and Waxing Studio. We have many skin care treatments available to help you achieve your specific goals. From simple facial waxing to full-body contouring, we'll bring out the beauty in you. Call today to schedule your appointment for skin care and waxing services with a licensed esthetician in Yakima, Washington.
- Members Financial Services
- Finance and Insurance
- -
- -
- -
- -
At Premier, we pride ourselves on being different from most fitness facilities. Our devotion to the Pilates Method expands across all of our class offerings. Spine and back safety is at the center of everything we do. Individualized/personal instruction helps guide our student to safe and effective movement, along with attention towards reaching whatever personal goals our students might have. Our students are not expected to show up and know what to do! They are guided through every session by highly trained instructors with years of experience working with all body types. In the words of Joseph Pilates, “In 10 sessions, you feel better, 20 sessions you look better, 30 sessions you have a completely new body.”
- Pudgy's Tea & Spice
- Retailer
- -
- -
- -
- -
Siren Design was first inspired as a safe place for women who wanted options after surviving breast cancer. It was first developed to be able to help with scar tissue and tattoo covers including areola replication. We wanted to provide a safe place for women who would want these services, but whom may not feel comfortable approaching traditional tattoo parlors. Since it's inception, we have broadened our services to include help for people who have self harm scars, surgical scars, radiation 'creap' skin, pigmentation issues, people who want permanent makeup, microblading, scalp micropigmentation (hair follicle simulation), stretch mark camouflage, faux freckles,and non-laser tattoo removal. We make it a priority to learn continuously to provide the most cutting edge services and stay ahead of trends. At Siren Design, we make inquiries from the creators of the science that pushes this industry forward to bring knowledge from around the globe to offer the best services possible.
Family friendly, neighborhood bar with a wide variety menu. This bar features 16 taps, a huge game room and the longest shuffle boards in town!
Zesta Cucina is a gathering place for friends & family where sophisticated food is served up in a comfortable and contemporary atmosphere. Our diverse menu is designed to satisfy a variety of palates, while our wine list showcases the best of Eastern Washington. Zesta Cucina also features private dining rooms for banquet events
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Apple Box Accounting Llc | Professional, Scientific, and Technical Services | - | - | - | - | |
|
Wholesaler | - | - | Modified Gross | Jun 2021 | |
| Horizon Research | Professional, Scientific, and Technical Services | - | - | - | - | |
|
Educational Services | - | - | - | - | |
| Members Financial Services | Finance and Insurance | - | - | - | - | |
|
Arts, Entertainment, and Recreation | - | - | - | - | |
| Pudgy's Tea & Spice | Retailer | - | - | - | - | |
|
Services | - | - | - | - | |
|
Accommodation and Food Services | - | - | - | - | |
|
Accommodation and Food Services | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 181328-12403 | Improvements Assessment | $3,361,700 |
| Land Assessment | $627,100 | Total Assessment | $3,988,800 |
Property Taxes
Presented by
Glenwood Square | 5110 Tieton Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
