24 S 1st St - Freestanding FOR SALE
Yakima, WA 98901 |
24 S 1st St
Yakima, WA 98901
HIGHLIGHTS
- Asking price based upon a 9 cap of the scheduled NOI from the Buddy’s Home Furnishing’s lease plus $58,000 attributable to the vacant upper floors.
- Tenant is paying $5,900/month with lease expiring 12/31/26 with one 5-year renewal option. Landlord pays property taxes and insurance.
- Upper floors provide redevelopment potential (perhaps best converted to multi-family) at a steeply discounted price.
- Located at a controlled intersection in the heart of downtown with traffic counts in excess of 27,700 vehicles per day passing by.
- Significant pylon sign.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
31500
STORIES
3
YEAR BUILT
1910
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
191319-23423,191319-24324
