Small-Bay Industrial Business
112 West Washington Avenue Union Gap, WA 98903
112 West Washington Avenue, Union Gap, WA, 98903
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For Sale
Contact for pricing
2008-vintage industrial facility with grade-level functionality and small-bay space designed for local service and trade users.
Property Size28,500 SF
Price / SF$112.28
Days on Market71
Property Features for 112 West Washington Avenue
General Information
- Standard status
- Active
- Size
- 28,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2008
Listing agency
Paragon Group
(509) 221-9354
Listed by
Mason Fiascone · License #20115181
Source
Crexi
Added: May 14 Updated: Jul 22 at 6:36PM Checked: Jul 22 at 6:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paragon Group
Investment Insights
Based on property information with market context.
Guardian Business Center is a 2008-vintage small-bay industrial asset with modern construction and grade-level functionality. The property is configured to support small-bay occupancy, fitting the needs of local trades and hands-on service businesses.
Located outside Yakima in Union Gap, WA, Guardian sits within one of the Yakima Valley’s most active commercial corridors and is described as having proximity to major transportation infrastructure. The surrounding area’s city planning efforts emphasize transportation, downtown development, and long-range growth, with regional infrastructure investment such as the Beltway Connector intended to strengthen freight movement and commercial accessibility over time.
Guardian Business Center is presented as not dependent on a single large user, with appeal to diversified tenants across multiple industries.
Located outside Yakima in Union Gap, WA, Guardian sits within one of the Yakima Valley’s most active commercial corridors and is described as having proximity to major transportation infrastructure. The surrounding area’s city planning efforts emphasize transportation, downtown development, and long-range growth, with regional infrastructure investment such as the Beltway Connector intended to strengthen freight movement and commercial accessibility over time.
Guardian Business Center is presented as not dependent on a single large user, with appeal to diversified tenants across multiple industries.
Key Highlights
- Guardian Business Center is a 2008‑vintage industrial asset in Union Gap, WA.
- Grade‑level functionality supports practical access for service and trade users.
- Small‑bay configuration offers space designed for local hands‑on businesses.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $348.8k | $12.24 |
| − Vacancy | −$26.2k | −$0.92 |
| EGI | $322.7k | $11.32 |
| − OpEx | −$48.4k | −$1.70 |
| NOI | $274.3k | $9.62 |
28,500 SF · lease $12.24/SF/yr · vacancy 7.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.92M
$3.43M – $4.57M
NOI $274,275 @ 7.0% cap · market cap 8.57%
Second Best
Industrial
$3.23M
$2.82M – $3.76M
NOI $225,874 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$5.79M
$5.06M – $6.75M
NOI $405,138 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 2008-vintage industrial facility with grade-level functionality and small-bay space designed for local service and trade users.
Where is this flex space located?
The property is located at 112 West Washington Avenue Union Gap, WA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Guardian Business Center is a 2008‑vintage industrial asset in Union Gap, WA.; Grade‑level functionality supports practical access for service and trade users.; Small‑bay configuration offers space designed for local hands‑on businesses.
