301 S 1st St - Auto Repair FOR SALE


Yakima, WA 98901
$893,538 USD
737-270-7668
301 S 1st St, Yakima, WA for Sale
$893,538 USD
Auto Repair - FOR SALE
1/5
null | 6.5% Cap Rate

301 S 1st St
Yakima, WA 98901


HIGHLIGHTS

  • Backed By an Experienced 80+ Unit Jiffy Lube Franchisee With a Strong Regional Footprint
  • Priced at $893,538 With a 6.50% CAP, Offering Attractive Yield Under the $1M Mark
  • Tenant Has Operated at This Location Since 1984, Reflecting Long-Term Performance and Site Commitment
  • Eligible For Bonus Depreciation, Allowing Investors to Accelerate Tax Benefits Through Cost Segregation
  • Located in a Supply-Constrained Market With Limited New Retail Development and High Barriers to Entry

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,315 SF Jiffy Lube Located at 301 South 1st Street in Yakima. This Property Qualifies For 100% Bonus Depreciation, a Tax Advantage That Allows Investors to Accelerate Write-Offs Through Cost Segregation. The Lease is Backed By an Experienced 80+ Unit Jiffy Lube Franchisee With a Strong Regional Footprint, Making This a Compelling Opportunity For Investors Seeking Both Tax Efficiency and Long-Term Stability. BoR: Marianne Christian - Lic. WA #12244

FOR SALE DETAILS

PRICE

$893,538 USD

PRICE/SF

$386 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube - Yakima, WA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

GC

APN/PARCEL ID

191319-31424

ASK ABOUT THIS PROPERTY

Carlos ArizpeSands Investment Group Austin, LLCMore Info
737-270-7668

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Carlos ArizpeSands Investment Group Austin, LLCMore Info
737-270-7668

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