115 N 56th Ave - Freestanding FOR SALE


Yakima, WA 98908
$1,350,000 USD
509-966-3800
115 N 56th Ave, Yakima, WA for Sale
$1,350,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

NEW


115 N 56th Ave
Yakima, WA 98908


HIGHLIGHTS

  • Prominent west Yakima location at a controlled intersection with high visibility and more than 27,600 vehicles per day passing by.
  • Double drive-through with stacking room for more than 15 vehicles plus 9 dedicated parking stalls and outdoor patio seating.
  • Nearby retailers include Safeway, McDonald’s, Starbucks, Bruchi’s, Planet Fitness, Wilco, Grocery Outlet and others.
  • Equipment potentially available upon terms to be negotiated including a fridge, freezer, ice machine and oven, plus miscellaneous items.
  • Property last sold in September of 2020 for $1,360,000 and is tax assessed at $1,357,100.
  • Also available to lease at $8,083/month, NNN.

OVERVIEW

THIS OFFERING is for the opportunity to purchase or lease a drive-through coffee site located on the ‘going-to-work’ side of the street at the prominent controlled intersection of W Summitview Ave and N 56th Ave and is the best available site of this nature in west Yakima. Constructed in 2019 on a build-to-suit basis for a first-time Human Bean franchisee, this site remains viable for a similar user and includes double-drive throughs with significant vehicle stacking on an over-sized lot. The high visibility site benefits from strong demographics and traffic counts while being adjacent to a trio of neighborhood shopping centers and numerous national, regional and local retailers, plus is supported by dense single family neighborhoods and numerous nearby professional and medical users.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$2,077 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

LCC

APN/PARCEL ID

181321-42538

ASK ABOUT THIS PROPERTY

Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

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Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.