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This Office Property is no longer advertised on LoopNet.com.

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 181321-31025
  • 181321-31026
Land Assessment
$167,400
Improvements Assessment
$1,051,100
Total Assessment
$1,218,500
  • Listing ID: 21435896

  • Date on Market: 11/6/2020

  • Last Updated:

  • Address: 102-104 N 56th Ave, Yakima, WA 98908

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