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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
| Parcel Number | 181329-14416 | Improvements Assessment | $0 |
| Land Assessment | $3,800 | Total Assessment | $3,800 |
Property Taxes
Parcel Number
181329-14416
Land Assessment
$3,800
Improvements Assessment
$0
Total Assessment
$3,800
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