102-104 N 56th Ave | Yakima, WA 98908
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- LoopNet Team
102-104 N 56th Ave
Yakima, WA 98908
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Good owner user/investor opportunity with approximately 3,510SF available to occupy and the remainder leased on a multi-year basis.
- Future upside exists from the current lease, the rent and CAM’s/NNN’s for which are based on the useable SF instead of the rentable SF.
- Fee appraised at $1,160,000 in March of 2019.
- Existing lease (of 49% of the building) is pure triple-net delivering approximately $46,428 of income, has 3% annual increases and expires 5/24.
- Vacant space is actively being marketed for lease at $15.50/SF, NNN.
PROPERTY FACTS
Property Type
Office
Building Size
6,957 SF
Building Class
B
Year Built
1993
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,957 SF
Building FAR
0.24
Lot Size
0.67 AC
Zoning
LCC
Parking
32 Spaces (4.6 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Reception
- Storage Space
- Central Heating
- Natural Light
- Shower Facilities
- Drop Ceiling
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,051,100 | |
| Land Assessment | $167,400 | Total Assessment | $1,218,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$167,400
Improvements Assessment
$1,051,100
Total Assessment
$1,218,500
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