2239 Longfibre Rd - Retail FOR SALE
Yakima, WA 98903 |
$2,255,000 USD
206-747-4338
2239 Longfibre Rd
Yakima, WA 98903
HIGHLIGHTS
- 2024 Construction with 15-year absolute NNN ground lease with no landlord responsibilities
- Valvoline has over 2,000 locations in the United States and Canada with plans to expand to 3,500 locations in North America
- Adjacent to a top-performing Lowe’s Home Improvement store (ranked #9 in WA State per Placer.ai), driving consistent high traffic and visibility
- In close proximity to major national retailers including Lowe’s Home Improvement, WinCo Foods and Costco
- Valvoline corporate guaranteed lease
- 10% rental increase every 5 years throughout the initial term and beginning of each option period
FOR SALE DETAILS
PRICE
$2,255,000 USD
PRICE/SF
$1,392 USD /SF
CAP RATE
5.1%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valvoline - Yakima
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.69 AC
LAND SF
30,200 SF
ZONING
-
APN/PARCEL ID
191331-43417
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206-747-4338
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206-747-4338
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