2001 W Lincoln Ave - Freestanding FOR SALE


Yakima, WA 98902
$1,950,000 USD
509-966-3800
2001 W Lincoln Ave, Yakima, WA for Sale
$1,950,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

2001 W Lincoln Ave
Yakima, WA 98902


HIGHLIGHTS

  • Offered sale price is based upon approximately $125/SF attributable to the main floor and $73/SF attributable to the daylight basement.
  • Approximately $250,000 of capital improvements made in 2021, including a new roof, a pair of 10-ton HVAC units, new canopy entrance and more.
  • Strong neighborhood mix including numerous national and local retailers (Safeway, McDonald’s, Subway, etc), numerous medical providers and apartments.
  • Three loading doors, including one semi-dock, one covered half-dock and one grade level.
  • Access from two arterials via three dedicated curb cuts. Includes 40 dedicated parking stalls and has an elevator.
  • Also available for lease at a blended rate of $10/SF/year, NNN.

OVERVIEW

THIS OFFERING is for the opportunity to lease or purchase a well-positioned flexible commercial building at a desirable west Yakima location located on a prominent commercial arterial with excellent access, visibility and presence. Originally built for and historically occupied by a medical supply retailer, the building is configured with approximately 10,141SF of main floor space suitable for retail or professional use and 9,323SF of partially finished daylight basement space currently configured for storage use with an elevator between the floors. Significant capital improvements were made in 2021, which include a new 60 mil TPO roof membrane, a pair of 10-ton HVAC units, a new architectural canopy entrance, lighting upgrades to the exterior and parking lot, exterior painting and metal awnings.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Showroom, Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

SCC

APN/PARCEL ID

181323-12013

ASK ABOUT THIS PROPERTY

Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

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Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

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