This Retail Property is no longer advertised on LoopNet.com.

6905 W Nob Hill Blvd
Yakima, WA 98908
Les Schwab Ground Lease Offering · Retail Property For Sale

Investment Highlights

  • Highest marketed cap rate of any Les Schwab currently on the market anywhere in the country.
  • Below market rent in comparison to other adjacent ground leases with national QSR’s and a car wash currently being negotiated.
  • 10% rent escalations every 5 years, including during renewal terms.
  • 20-year corporately guaranteed absolute net ground lease with 19+ years remaining and 4 options to renew of 5 years, each.
  • Rapidly growing submarket area with numerous established retailers nearby, a newer large multi-family project and expanding golf course.
  • Building reverts to landlord upon lease termination.

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,544 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.48 AC
Zoning
GC - General Commercial

Property Taxes

Property Taxes

Parcel Number
181329-14416
Land Assessment
$3,800
Improvements Assessment
$0
Total Assessment
$3,800
  • Listing ID: 35720800

  • Date on Market: 5/2/2025

  • Last Updated:

  • Address: 6905 W Nob Hill Blvd, Yakima, WA 98908

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