925 Triple Crown Ave - Office FOR SALE


Yakima, WA 98908
$1,550,000 USD
509-949-1389
925 Triple Crown Ave, Yakima, WA for Sale
$1,550,000 USD
Office - FOR SALE
1/22
null | 6.78% Cap Rate

925 Triple Crown Ave
Yakima, WA 98908


HIGHLIGHTS

  • Fully leased NNN Investment
  • 6.78% Cap rate
  • $1,550,000 List price

OVERVIEW

Prime investment opportunity at 925 Triple Crown Way in Yakima’s highly desirable North 40th business district. Offered at $1,550,000, this well-maintained 4,950 SF office building features 4,200 SF on the main level plus 750 SF of basement storage space in a premier professional location. The main level features a welcoming reception area, three conference rooms, nine private offices, and a spacious break room. Fully leased to established tenant New York Life through March 2029, with automatic 3% annual rent increases and a three-year renewal option (NNN). Current annual income is approximately $105,029.16 with a 6.78% cap rate. CAM estimates are $6.30/SF.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$555 USD /SF

CAP RATE

6.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,386 SF

ZONING

B1

APN/PARCEL ID

181315-31404

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.