
Description
THIS OFFERING is for the opportunity to acquire a multi-tenant mixed-use property within a well-positioned strip center with value-add opportunity. The potential upside can be achieved by raising rents to market rates and converting leases to 'triple net' basis (currently leases are on modified gross). The property also includes additional income from the cell tower located in the rear of the property.Located in the desirable West Yakima area, the property offers great visibility from Summitview Ave with traffic counts over 20,000 cars per day. Nearby adjacent retailers include Planet Fitness, Wilco, Starbucks, McDonald's, Cashmere Valley Bank, Safeway, Wray's, Soma Aesthetics, Edward Jones and others.
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0BEDS
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0.62ACRES
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0BATHS
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01/2 BATHS
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9,550SQFT
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$85$/SQFT
School Ratings & Info
Description
THIS OFFERING is for the opportunity to acquire a multi-tenant mixed-use property within a well-positioned strip center with value-add opportunity. The potential upside can be achieved by raising rents to market rates and converting leases to 'triple net' basis (currently leases are on modified gross). The property also includes additional income from the cell tower located in the rear of the property.Located in the desirable West Yakima area, the property offers great visibility from Summitview Ave with traffic counts over 20,000 cars per day. Nearby adjacent retailers include Planet Fitness, Wilco, Starbucks, McDonald's, Cashmere Valley Bank, Safeway, Wray's, Soma Aesthetics, Edward Jones and others.
© 2023 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Candy Lea Stump | Keller Williams Yakima Valley. Data last updated: 2023-03-23T06:48:58.757.