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1608 S 24th Ave Immeuble | 1 403 m² | Spécialité | À vendre 1 703 940 € | Taux de capitalisation 6,06 % | Yakima, WA 98902



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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.
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 | 1 703 940 € | Classe d’immeuble | B |
| Prix par m² | 1 268,75 € | Surface du lot | 1,08 ha |
| Type de vente | Investissement | Surface de l’immeuble | 1 343 m² |
| Taux de capitalisation | 6,06 % | Nb d’étages | 1 |
| Type de bien | Spécialité | Année de construction/rénovation | 1971/2014 |
| Sous-type de bien | Studio de cinéma/radio/télévision | Occupation | Mono |
| Zonage | B-1 | ||
| Prix | 1 703 940 € |
| Prix par m² | 1 268,75 € |
| 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/rénovation | 1971/2014 |
| Occupation | Mono |
| Zonage | B-1 |
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TAXES FONCIÈRES
| Numéro de parcelle | 181335-21014 | Évaluation des aménagements | 1 049 797 € |
| Évaluation du terrain | 354 164 € | Évaluation totale | 1 403 961 € |
TAXES FONCIÈRES
Numéro de parcelle
181335-21014
Évaluation du terrain
354 164 €
Évaluation des aménagements
1 049 797 €
Évaluation totale
1 403 961 €
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1608 S 24th Ave
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