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4112 Summitview Avenue

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4112 Summitview Avenue

4112 Summitview Ave, Yakima, WA 98908
Retail,Office For Sale Available Built 1985 1 floors Zoning: SCC
Asking Price
$2,695,000
Total Building13,509 SF
Land21,780 SF land
ConstructionWood
MarketYakima County
CountyYakima

Read Overview
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Overview

Property ID
167395
Listing ID
711085
Type
Office
Asset Class
Retail,Office
Zoning
SCC

Description

BRAND NEW 10-YEAR LEASE WITH 2.5% ANNUAL INCREASES AND ZERO MANAGEMENTNorthmarq is pleased to present the exclusive listing for 4112 Summitview Ave, a single-tenant office building in Yakima, WA. Fully occupied by Berkshire Hathaway Home Services, the tenant has operated successfully at this specific location for over 20 years. The investment is anchored by a brand-new 10-year NNN lease, offering long-term stability and exceptional visibility along the city’s primary professional corridor.The lease structure features 2.5% annual rental increases, providing a consistent hedge against inflation and steady yield growth. With zero landlord management responsibilities and over $100,000 in recent tenant improvements, this asset is an ideal “hands-off” acquisition for 1031 exchange buyers and

Listing Courtesy of:

RV
Raymond Vara
Northmarq Commercial, LLC
130 Nickerson Street, Ste 211,
Seattle, WA 98109
State: WA City: Yakima ZIP: 98908 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.