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301 S 1st St
Yakima, WA 98901 Yakima

$774,000 USD

Auto Repair For Sale  •  2,315 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 2,315 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C1
30 Transit Score
60 Walk Score

Highlights

Lease with 6.7 Years Remaining and Strong National Tenant
Below Market Rent Provides Strong Tenant Renewal Probability and Upside
Income Tax Free State of Washington and Accelerated Depreciation Benefits
Recession-Proof Quick Lube Business Model with Consistent Cash Flow
High Traffic Location with 16,000+ Vehicles Per Day on S 1st Street
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Jiffy Lube

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Yakima Air Trml/McAllister Field 10 min - 3.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services