Goodwill 1907 S 1st St

This investment opportunity features a 16,048 SF single-tenant building occupied by Goodwill, situated on a 1.43-acre lot within the vibrant Tahoma Square development in Yakima, WA (Goodwill refers to this site as their Union Gap store). Constructed in 2015 as a build-to-suit, the building was specifically designed to meet Goodwill’s operational needs. This location is particularly significant as it houses Goodwill’s Work Source hub (also known as a Work Opportunity Center - one of three in their expansive region), a vital resource for delivering their mission of providing job training and job placement services to the local community. Demonstrating their commitment to the location, Goodwill recently signed a lease extension through August 31, 2028, providing investors with a stable income stream. However, the lease includes no further renewal options, offering the ability to increase the rents to market values in 2028. The property is part of the thriving Tahoma Square retail complex, which features a diverse mix of national tenants, including Dollar Tree, Boot Barn, Harbor Freight Tools, Discount Tire, MOD Pizza, and Five Guys, driving consistent consumer traffic to the area. This modern standalone building offers exclusive branding and visibility for Goodwill in a high-traffic retail corridor, making it an attractive opportunity for investors seeking a reliable tenant in a well-located, high-performing retail environment.