$1,550,000
Yakima, WA 98908
MLS# 26-1363
Status: Pending Accepting Back-Up
4950 sqft
1 / 31
Property Description
Prime investment opportunity at 925 Triple Crown Way in Yakima's highly desirable North 40th business district. Offered at $1,550,000, this well-maintained 4,950 SF office building features 4,200 SF on the main level plus 750 SF of basement storage space in a premier professional location. The main level features a welcoming reception area, three conference rooms, nine private offices, and a spacious break room. Fully leased to established tenant New York Life through March 2029, with automatic 3% annual rent increases and a three-year renewal option (NNN). Current annual income is approximately $105,029.16 with a 6.78% cap rate.
Details
Maps
Contract Information
Current Price: $1,550,000
MLS Service Begin Date: 2026-05-12
Status: Pending Accepting Back-Up
Contingent: Pending Accepting Back-Up
List Price: $1,550,000
List Pr Description: Total List Price
Sub Type: Commercial Property
Seller Disclosure: No
General Property Description
Year Built: 2006
Total Apx SF: 4950
Total Approx Lot SF: 29384
Total Space Avail SF: 4950
List Price Per SqFt: 313.13
Acreage M/L: 0.67
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Office
Location, Tax & Legal
Area (with SubArea): 5A - W 40th/S Yak Ave
House Number: 925
Street Name: Triple Crown
Street Suffix: Way
State/Province: WA
Zip Code: 98908
Property Information
Ann Lease Rate By SF: 21.21
Ann Cam Rate By SF: 6.3
Lease Term Years: 5
Cap Rate %: 6.78
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
Status Change Info
Under Contract Date: 2026-07-02
Status Change Date: 2026-07-07
Property Features
Accessibility: Doors 32in+; Hallways 32in+; Ramp/Lvl Entrance
Air Conditioning: Central Air
Basement: Finished
Construction Style: Block
Domestic Water: Public Water
Floor Coverings: Carpets; Tile; Vinyl
Foundation: Concrete
Heat: Gas
Lot Size: .51 - .75 Acres
Roof: Tile
Sewage System: Connected
Siding: Brick
Sq Ft Source: Survey
Terms: Cash; Conventional
Zoning: B2 - Local Business
Listing Office: John L Scott Yakima
Last Updated: July - 07 - 2026
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.