$1,450,000
Yakima, WA 98902
MLS# 02-2095
Status: Closed
9683 sqft
Property Description
*LSE AMT:$132,000NNN. THIS RECENTLY-CONSTRUCTED 1ST CLASS PROF.OFC BLDG AT PRIME LOC.IN WEST YAKIMA HAS CURRENT NET OPERATING INCOME OF $132,000YR,W/ANNUAL INFLATORS,RESULTING IN CAPITALIZATION RATE OF 9.0%.LEASE,WHICH RUNS UNTIL 2007,IS TO AN AFFILIATE OF SELLER,HAS RENEWAL OPTIONS & PERMITS SUBLEASING OF INDIVIDUAL SUITES.THE BLDG IS PART OF A PROF./RETAIL DEVELOPMENT AUTHORED BY SELLER.PLEAS
Details
Contract Information
Seller Disclosure: No
Current Price: $1,450,000
MLS Service Begin Date: 2002-06-29
Status: Closed
Sold Price: $1,450,000
Sub Type: Commercial Property
General Property Description
Acreage M/L: 0
Total Space Avail SF: 9683
List Price Per SqFt: 149.75
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Year Built: 1997
Total Apx SF: 9683
Location, Tax & Legal
Taxes: 13405
Tax Year: 2002
Parcel Number: 18131512414
Area (with SubArea): 2B - Btwn N 16th/40th
House Number: 3703
Street Name: River
Street Suffix: Rd
State/Province: WA
Zip Code: 98902
Remarks & Misc
Public Remarks: *LSE AMT:$132,000NNN. THIS RECENTLY-CONSTRUCTED 1ST CLASS PROF.OFC BLDG AT PRIME LOC.IN WEST YAKIMA HAS CURRENT NET OPERATING INCOME OF $132,000YR,W/ANNUAL INFLATORS,RESULTING IN CAPITALIZATION RATE OF 9.0%.LEASE,WHICH RUNS UNTIL 2007,IS TO AN AFFILIATE OF SELLER,HAS RENEWAL OPTIONS & PERMITS SUBLEASING OF INDIVIDUAL SUITES.THE BLDG IS PART OF A PROF./RETAIL DEVELOPMENT AUTHORED BY SELLER.PLEAS
Status Change Info
Financing: CASH
Sold Date: 2002-08-15
Under Contract Date: 2002-07-14
Status Change Date: 2002-08-16
Sold Price: $1,450,000
Domestic Water
Public Water: 1
Building/Space Dim
Bldg Dimension Width: 98
Bldg Dimension Depth: 99
Air Conditioning
Central Air: 1
Lot Size
10+ Acres: 1
Heat
Gas: 1
Sewage System
Connected: 1
Construction Style
Frame: 1
Zoning
CBS - Cent Bus Supp: 1
Roof
Built-Up: 1
Floor Coverings
Carpets: 1
Terms
Cash: 1
Property Features
Air Conditioning: Central Air
Construction Style: Frame
Domestic Water: Public Water
Floor Coverings: Carpets
Heat: Gas
Lot Size: 10+ Acres
Roof: Built-Up
Sewage System: Connected
Terms: Cash
Zoning: CBS - Cent Bus Supp
Supplements
E DO NOT CONTACT TENANTS-SEE L.A.FOR DETAILS,RENT ROLL,LSE INFO & FURTHER DATA,.AS WELL AS TO SCHEDULE SHOWINGS.SELLER RESERVES RIGHT TO APPROVE/REJECT ALL OFFERS,IN FURTHERANCE OF INTENT TO MAINT.A COORDINATED DEVEL.EFFORT W/ADJ PROP.CCR'S & EASEMENTS IN PLACE FOR BENEFIT OF THIS & ADJ LANDS
Listing Office: Almon Commercial-Residential Real Estate
Last Updated: September - 07 - 2024
Property profiling information contained herein is believed to be accurate, but may contain approximations or estimates where appropriate. The information contained herein is not guaranteed. This information is provided for the sole use and benefit of those authorized to access Yakima Association of Realtors® ('YAR') Multiple Listing Service ('MLS') information, and may not be reproducerepresened to third parties as information produced, warranted, or represented by YAR or MLS to be guaranteed.