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1608 S 24th Ave Immeuble de 15 100 pi² • Spécialité • À vendre 2 765 000 $ CAD • Taux de capitalisation 6,06% • Yakima, WA 98902
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FAITS SAILLANTS DE 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 DE L'ANNONCE
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.
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 765 000 $ CAD | Classe d’immeuble | B |
| Prix par pi² | 191,27 $ CAD | Taille du lot | 2,66 AC |
| Type de vente | Investissement | Taille du bâtiment | 14 456 pi² |
| Taux de capitalisation | 6,06% | Nombre d’étages | 1 |
| Type de propriété | Spécialité | Année de construction/rénovation | 1971/2014 |
| Sous-type de propriété | Studio de cinéma/radio/télévision | Location | Unique |
| Zonage | B-1 | ||
| Prix | 2 765 000 $ CAD |
| Prix par pi² | 191,27 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,06% |
| Type de propriété | Spécialité |
| Sous-type de propriété | Studio de cinéma/radio/télévision |
| Classe d’immeuble | B |
| Taille du lot | 2,66 AC |
| Taille du bâtiment | 14 456 pi² |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 1971/2014 |
| Location | Unique |
| Zonage | B-1 |
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Impôts fonciers
| Numéro de lot | 181335-21014 | Évaluation des bâtiments | 1 721 260 $ CAD |
| Évaluation du terrain | 580 691 $ CAD | Évaluation totale | 2 301 952 $ CAD |
Impôts fonciers
Numéro de lot
181335-21014
Évaluation du terrain
580 691 $ CAD
Évaluation des bâtiments
1 721 260 $ CAD
Évaluation totale
2 301 952 $ CAD
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1608 S 24th Ave
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