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512 W 1st St
Wapato, WA 98951

$2,541,637 USD

General Retail For Sale  •  22,400 SF

Property Details

  • Property Type General Retail
  • Total Building Size 22,400 SF
  • Lot Size 2.68 AC
  • Year Built 1976
  • Tenancy Single
  • Zoning B2/M1
0 Transit Score
66 Walk Score

Highlights

Stabilized retail investment anchored by a high-performing grocery store tenant
Long-term NNN lease with 10 years of current term remaining and 2.5% annual rent escalations
Investment-grade (AAA) regional grocery operator with a proven operating history at the site
ractive in-place cap rate of approximately 7.92%
Tenant operates seven additional grocery locations across Washington State, demonstrating operational depth and market presence
Offering includes the adjoining M-1 tax parcel collectively totaling approximately 116,740 square feet

Property Flyers

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Yakima Air Trml/McAllister Field 21 min - 12.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Nick Mayer 509-480-0733 Almon Commercial Real Estate
Nick Mayer 509-480-0733 Almon Commercial Real Estate