Investment Overview
Prime investment opportunity at 925 Triple Crown Way in Yakima’s highly desirable 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. 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. Estimated CAM is $6.33/SF.
Investment Highlights
- $1,550,000
- Triple net lease through March 2029
- 6.78% cap rate
- Located on N 40th and Castlevale