Description
THIS OFFERING is for the opportunity to acquire a value-add multi-tenant retail building located in a strong downtown location that's suitable for either an investor or owner-user looking to occupy a portion of the building for themselves. The building is mostly occupied by tenants on short term rental agreements at below market rents and with below market expense recapture structures providing for relatively easy access to the potential upside, while the currently schedule NOI and advertised capitalization rate combine to provide for a below market purchase price/SF attributable towards the building. The sole vacancy is currently on the market for lease.
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
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12,599SQFT
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$69$/SQFT
School Ratings & Info
Description
THIS OFFERING is for the opportunity to acquire a value-add multi-tenant retail building located in a strong downtown location that's suitable for either an investor or owner-user looking to occupy a portion of the building for themselves. The building is mostly occupied by tenants on short term rental agreements at below market rents and with below market expense recapture structures providing for relatively easy access to the potential upside, while the currently schedule NOI and advertised capitalization rate combine to provide for a below market purchase price/SF attributable towards the building. The sole vacancy is currently on the market for lease.
© 2022 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 Amy Maib - Yakima's Rescue Realtor. Data last updated: 2022-06-25T15:49:07.023.