801 N 39th Ave - Office FOR SALE


Yakima, WA 98902
$2,500,000 USD
509-949-1389
801 N 39th Ave, Yakima, WA for Sale
$2,500,000 USD
Office - FOR SALE
1/39
null | 6.8% Cap Rate

801 N 39th Ave
Yakima, WA 98902


HIGHLIGHTS

  • Fully Leased NNN
  • 6.8 Cap rate

OVERVIEW

Prime investment opportunity at 801 N. 39th Avenue in Yakima, Washington. Offered at $2,500,000, this well-maintained 9,100 SF office building features 7,200 SF on the main level plus approximately 1,900 SF of basement/lower-level space. The main level includes a welcoming walk-in reception area, 18 private offices, a spacious conference room, and a large storage/supply/copy room. Fully leased to a financial institution through February 2029, the property benefits from automatic 3% annual rent increases. Current annual net operating income is approximately $169,927.79 with a 6.79% cap rate. CAM estimates are $5.55/SF.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,332 SF

ZONING

B1

APN/PARCEL ID

181315-42411

ASK ABOUT THIS PROPERTY

Mike AbramsJohn L Scott Real EstateMore Info
509-949-1389

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Mike AbramsJohn L Scott Real EstateMore Info
509-949-1389

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