$1,700,000
Yakima, WA 98902
MLS# 08-3106
Status: Closed
45257 sqft
1 / 1
Property Description
Well built industrial building. Strong tenant with 3 year lease (until 4/30/11) with options. Owner will sign 3 year lease. Tenant already talking about leasing entire building. NNN Leases. Tenant occupies 80.75% of building. 9% per SF jump in lease price year 2 and 3. 9% cap at current rate. Owner to 1031 to new location.
Details
Maps
Documents
Contract Information
List Pr Description: Total List Price
Seller Disclosure: No
Current Price: $1,700,000
MLS Service Begin Date: 2008-08-19
Status: Closed
Sold Price: $1,700,000
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 375
Lot Depth Ft Approx: 250
Total Approx Lot SF: 93218.4
Acreage M/L: 2.14
Possession: Arrange
List Price Per SqFt: 37.56
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Industrial
Year Built: 1995
Total Apx SF: 45257
Location, Tax & Legal
Taxes: 13822.79
Tax Year: 2008
Spec Tax Designation: None
Parcel Number: 18131324462
Sellers Title Ins Co: Valley
Area (with SubArea): 2A - Btwn N 1st/16th
House Number: 619
Street Dir: W
Street Name: J
Street Suffix: St
State/Province: WA
Zip Code: 98902
Remarks & Misc
Public Remarks: Well built industrial building. Strong tenant with 3 year lease (until 4/30/11) with options. Owner will sign 3 year lease. Tenant already talking about leasing entire building. NNN Leases. Tenant occupies 80.75% of building. 9% per SF jump in lease price year 2 and 3. 9% cap at current rate. Owner to 1031 to new location.
Directions: N. 16th Avenue to Hathaway, E. on Hathaway to N. 8th Avenue, North on 8th Avenue to property on 'J' Street.
Status Change Info
Financing: CASH
Sold Date: 2009-03-18
Under Contract Date: 2008-11-24
Status Change Date: 2009-03-19
Sold Price: $1,700,000
Basement
None: 1
Crops
None: 1
Property Information
Ann 3-Net Rate By SF: 0.3
Drive In Doors: 5
# Stories: 2
Cap Rate %: 9
Domestic Water
Public Water: 1
Irrigation
No: 1
Who Pays Costs
Maint Struct: T
Maint Roof: T
Maint Ext Walls: T
Maint Grounds: T
Maint Interior: T
Main Heat A/C: T
RE Tax: T
Real Prop Ins: T
Utilities: T
Common Area: T
Air Conditioning
Central Air: 1
Lot Size
1+ - 5.0 Acres: 1
Accessibility
Doors 32in+: 1
Grab Bars: 1
Hallways 32in+: 1
Ramp/Lvl Entrance: 1
Foundation
Concrete: 1
Heat
Forced Air: 1
Gas: 1
Space Heater: 1
Sewage System
Connected: 1
Construction Style
Block: 1
Steel: 1
Zoning
I - Industrial: 1
Roof
Metal: 1
Lockbox
Agent Remarks: 1
Lot Features
Fenced - Full: 1
Paved Road: 1
Floor Coverings
Carpets: 1
Concrete: 1
Vinyl: 1
Siding
Metal: 1
Sq Ft Source
County Assessor: 1
Terms
Cash: 1
Conventional: 1
Commercial: 1
Property Features
Accessibility: Doors 32in+; Grab Bars; Hallways 32in+; Ramp/Lvl Entrance
Air Conditioning: Central Air
Basement: None
Construction Style: Block; Steel
Crops: None
Domestic Water: Public Water
Floor Coverings: Carpets; Concrete; Vinyl
Foundation: Concrete
Heat: Forced Air; Gas; Space Heater
Irrigation: No
Lockbox: Agent Remarks
Lot Features: Fenced - Full; Paved Road
Lot Size: 1+ - 5.0 Acres
Roof: Metal
Sewage System: Connected
Siding: Metal
Sq Ft Source: County Assessor
Terms: Cash; Conventional; Commercial
Zoning: I - Industrial
Profile 
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.