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201-205 N 40th Ave 2,300 SF of Office/Retail Space Available in Yakima, WA 98908

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Highlights

  • NNN includes all utilities
  • Updated interior improvements recently completed in common areas of the building
  • Plentiful parking on the north and south side of the building
  • Newly installed retail glass fronts Summitview and 40th Ave

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,300 SF
  • Negotiable
  • $25.98 CAD/SF/YR $2.16 CAD/SF/MO $59,748 CAD/YR $4,979 CAD/MO
  • Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

THIS OFFERING is for the opportunity to lease a recently updated professional office building on one of the most prominent corners in Yakima. Built out originally for a bank, this ground floor offering features parking lots to the north and south along with multiple egress/ingress access points. With 50,000+ vehicles per day this site has a huge capture rate of both ‘going to work’ and ‘going home’ vehicles. With convenient access to various shops and services, the location seamlessly blends convenience with elegance, making it an ideal setting for a thriving office space.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Bank
  • Mostly Open Floor Plan Layout
  • Space In Need of Renovation
  • Central Air and Heating
  • Private Restrooms
  • Security System
  • Corner Space
  • Open-Plan
Space Size Term Rental Rate Rent Type
1st Floor 2,300 SF Negotiable $25.98 CAD/SF/YR $2.16 CAD/SF/MO $59,748 CAD/YR $4,979 CAD/MO Triple Net (NNN)

1st Floor

Size
2,300 SF
Term
Negotiable
Rental Rate
$25.98 CAD/SF/YR $2.16 CAD/SF/MO $59,748 CAD/YR $4,979 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

THIS OFFERING is for the opportunity to lease a recently updated professional office building on one of the most prominent corners in Yakima. Built out originally for a bank, this ground floor offering features parking lots to the north and south along with multiple egress/ingress access points. With 50,000+ vehicles per day this site has a huge capture rate of both ‘going to work’ and ‘going home’ vehicles. With convenient access to various shops and services, the location seamlessly blends convenience with elegance, making it an ideal setting for a thriving office space.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Bank
  • Mostly Open Floor Plan Layout
  • Space In Need of Renovation
  • Central Air and Heating
  • Private Restrooms
  • Security System
  • Corner Space
  • Open-Plan

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Site Plan

Property Facts

Total Space Available 2,300 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 13,112 SF
Year Built/Renovated 1986/2024
Parking Ratio 3.74/1,000 SF

About the Property

THIS OFFERING is for the opportunity to lease a recently updated professional office building on one of the most prominent corners in Yakima. Built out originally for a bank, this ground floor offering features parking lots to the north and south along with multiple egress/ingress access points. With 50,000+ vehicles per day this site has a huge capture rate of both ‘going to work’ and ‘going home’ vehicles. With convenient access to various shops and services, the location seamlessly blends convenience with elegance, making it an ideal setting for a thriving office space.

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Attachments

Flyer

Nearby Major Retailers

barre3
Gold's Gym
WaFd Bank
Bank of America
Columbia Bank
Banner Bank
Jazzercise
  • Listing ID: 32174235

  • Date on Market: 2024-06-18

  • Last Updated:

  • Address: 201-205 N 40th Ave, Yakima, WA 98908

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