Listing #19-456

17 N 3rd 103 St
Yakima, WA

$1,596,000
  • Built: 2008
  • Square Feet: 5,657
  • Lot Size: 0.12

12 year NNN Leased Investment Property located in Downtown Yakima. Leased by Radio Yakima, this 5,657sf, 8 radio station/office space rests on the main level of Yakima's premium downtown condominiums. This showpiece of a space is being offered at a 7% cap with a NOI of $111,720 (after factoring 5% for credit loss/vacancy and 2% capital replacement reserves). Current lease expires January 1, 2031. Tenant has 3 options to renew at 5 years with CPI increases at each renewal.

Listing courtesy of Almon Commercial-Residential Real Estate

19-456

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