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Informations principales sur l'investissement

  • Offered price based upon an 8 cap of the NOI from the PT clinic and cell tower leases, $92/SF to the vacant area and $10/SF to the excess land.
  • RPM is responsible for 100% of the common area maintenance costs, including taxes and insurance, despite occupying approximately 82% of the building.
  • Cell tower lease has been in place since April of 2004.
  • RPM has been in the building since approximately 2014 and entered into a new 5-year lease earlier this year.
  • Landlord is responsible for structural repairs, plus maintenance and repairs to exterior walls, roof, windows, doors and HVAC.
  • Excess land area is estimated to consist of approximately 30,000SF. Seller will entertain selling the land separately at $10/SF.

Résumé analytique

THIS OFFERING is for the opportunity to purchase a commercial property consisting of a double net leased medical office building, a cell tower lease and excess commercial development land.
The primary lease is to RPM Rehab, Inc, a 9-location physical therapy clinic, who’s been in the building since approximately 2014 and entered into a new 5-year lease in January of 2025 for approximately 82% of the total building with RPM being responsible for 100% of the common area maintenance charges attributable to the property, including taxes and insurance, but excluding the maintenance of the excess land area. RPM occupies approximately 11,846SF of the total building area.
The remaining vacant areas of the building consist of an office area and a garage/storage area, plus an unfinished second story apartment combining to total approximately 2,610SF, while there is also excess land fronting S 24th Ave estimated to consist of approximately 30,000SF that is prime for development.

Informations sur l’immeuble

Prix 1 725 740 €
Prix par m² 1 284,98 €
Type de vente Investissement
Taux de capitalisation 6,06 %
Type de bien Spécialité
Sous-type de bien Studio de cinéma/radio/télévision
Classe d’immeuble B
Surface du lot 1,08 ha
Surface de l’immeuble 1 343 m²
Nb d’étages 1
Année de construction 1971
Occupation Mono
Zonage B-1
Fairly walkable
50/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
40/100

Taxes foncières

Taxes foncières

Numéro de parcelle
181335-21014
Évaluation du terrain
358 695 €
Évaluation des aménagements
1 063 228 €
Évaluation totale
1 421 923 €
  • ID de l’annonce: 38610981

  • Date de mise sur le marché: 01/12/2025

  • Dernière mise à jour:

  • Adresse: 1608 S 24th Ave, Yakima, WA 98902

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