115 N 56th Ave - Freestanding FOR SALE


Yakima, WA 98908
$1,400,000 USD
509-895-5314
115 N 56th Ave, Yakima, WA for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/6
null | 6.15% Cap Rate

115 N 56th Ave
Yakima, WA 98908


HIGHLIGHTS

  • NNN Lease with 10 years remaining
  • 2019 Construction
  • High visibility and traffic countsf

OVERVIEW

This prime retail investment opportunity in the bustling Yakima area is intended to be sold with the tenant's business, The Human Bean coffee shop (separate OM for the business is available). This free-standing building, constructed in 2019, features a spacious 650 SF unit with 100% occupancy, presenting an attractive proposition for investors. There is a 15 year NNN lease, just entering the first rent increase for years 6-10. There are three 5 year options to extend. The property boasts a desirable LCC zoning in a strategic location within the thriving Yakima market. With a strong tenant in place and modern construction, this turnkey retail asset showcases potential for long-term success. Don't miss out on the chance to invest in this highperforming property, poised to deliver solid returns in the dynamic Yakima retail landscape. NNN Lease, profitable tenant is for sale Built in 2019, Modern and well-maintained structure Zoned LCC Prime retail investment opportunity High visibility and traffic counts

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$2,154 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Human Bean

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

LCC

APN/PARCEL ID

18132142402,18132142537

ASK ABOUT THIS PROPERTY

Matthew RussellAAI Real EstateMore Info
509-895-5314

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Matthew RussellAAI Real EstateMore Info
509-895-5314

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