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925 Triple Crown Ave 4,950 SF Office Building Yakima, WA 98908 $2,120,400 CAD ($428.36 CAD/SF) 6.78% Cap Rate
Investment Highlights
- Fully leased NNN Investment
- $1,550,000 List price
- 6.78% Cap rate
Executive Summary
North 40th business district. Offered at $1,550,000, this well-maintained 4,950 SF office
building features 4,200 SF on the main level plus 750 SF of basement storage space in a
premier professional location. The main level features a welcoming reception area, three
conference rooms, nine private offices, and a spacious break room. Fully leased to
established tenant New York Life through March 2029, with automatic 3% annual rent
increases and a three-year renewal option (NNN). Current annual income is
approximately $105,029.16 with a 6.78% cap rate. CAM estimates are $6.30/SF.
Property Facts
Amenities
- Bus Line
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Founded in 1845 as The Nautilus Insurance Company, New York Life grew into a mutual insurer focused on long-term financial protection and planning for individuals, families, and businesses. The company offers life insurance, annuities, long-term care insurance, disability insurance, retirement income, investments, and advisory services through its insurance and asset management businesses. Its mutual structure means the business operates for policy owners rather than outside shareholders, and that approach is central to how the company describes its priorities and decision-making. New York Life also serves institutional clients and maintains a broad market presence across insurance and investment services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 181315-31404 | Improvements Assessment | $1,217,794 CAD |
| Land Assessment | $434,203 CAD | Total Assessment | $1,651,997 CAD |
Property Taxes
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925 Triple Crown Ave
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