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Off Market
1/2

401 S 40th Ave
Yakima, WA 98908


HIGHLIGHTS

  • Access and visibility from two major commercial arterials with combined traffic counts exceeding 37,000 VPD (one of Yakima’s busiest intersections).
  • Significant acreage provides existing parking ratios that are far in excess of municipal code requirements.
  • Historically a grocery site that closed as a result of the Albertsons acquisition of Safeway (use restrictions prohibit grocery, pharmacy and gas).
  • Significant demolition of the interior has already been undertaken, leaving an open shell ready to be completed.
  • Architectural plans in place for a planned conversion of the property to a single-tenant nationally franchised gym.
  • Only mid to large sized retail box of this nature currently available for sale or lease in west Yakima.

OVERVIEW

THIS OFFERING is for the opportunity to purchase or lease a mid-box retail building last occupied by Albertsons in a strong west Yakima location. Most recently acquired for conversion to a single tenant national gym franchise that fell apart due to the changing gym climate, the building has already undergone significant necessary demolition work and is well-positioned to finish for its next tenant or user. Located at the NE hard corner of the controlled intersection at S 40th Ave and Tieton Dr, which combine to provide in excess of 37,198 vehicles per day, this is one of the busiest intersections in Yakima and the property comes with excellent exposure, visibility and access, while also providing the only currently available retail space of this size along the entirety of the popular 40th Ave corridor. Use restrictions in place against grocery, pharmacy and gasoline sales.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

42005

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

237

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

181322-43051,181322-43439