Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Commercial Building in Sunnyside Title is generated by Realmo AI

    209 N 1st Street, Sunnyside, WA 98944

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $22 SF/Yr $3,750/Mo (calc)

    New retail/office suites with parking and freeway access.

    Type:Retail
    Property size:
    2,000 SF
    Added:
    Jan 27, 2026
    Days on Market:
    112
    Last Refresh:
    Apr 6 at 12:21 am

    Property Features for 209 N 1st Street

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2023

    Spaces For Lease

    at 209 N 1st Street Contact us

    We can help!

    Listing Contact
    Brenda Garibay

    Listing agent Brenda Garibay License #21026475

    Listing office Retter & Company Sotheby's International Realty

    Listing date Jan 27, 2026

    Source Svn

    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 Retter & Company Sotheby's International Realty

    HighLights

    • New modern design commercial building built in 2023.
    • Two suites available, 1050 SF and 950 SF, that can be combined for 2,000 SF.
    • Easy freeway access.
    • Additional public parking across the street.
    • TI allowance negotiable.
    • Retail/Office space suitable for various uses (currently being built out as hair and nail salon).

    Overview

    This new, modern design commercial building in west Sunnyside offers space for lease. The building features two suites: Suite A, which is 1050 square feet, and Suite B, which is 950 square feet. The suites can be combined to create a single 2,000-square-foot space. Additional parking is available across the street, adjacent to upcoming pickleball courts and soccer fields. The property is located next door to Sunnyside's newest coffee shop, benefiting from high energy and traffic. It also provides easy freeway access. Suitable for retail or office use, the property is currently being built out as a hair salon and nail salon, but it can be adapted for other retail or office purposes. A tenant improvement allowance is negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyside
    County
    Yakima
    State
    Washington
    Longitude
    -120.020713
    Latitude
    46.329618

    Nearby Similar for Lease

    • $13 SF/Yr
      13,056 SF

      Sunnyside Commercial Space Available

      Spacious commercial property in Sunnyside, WA, perfect for various businesses.
      1710 East Gregory Avenue, Sunnyside, WA 98944
      View Details
    • Contact for pricing
      11,200 SF

      Restaurant Space in Grieger Plaza

      Restaurant space with equipment included in a high-traffic location.
      2810 E Lincoln Ave, Sunnyside, WA 98944
      View Details
    • $13 SF/Yr
      13,056 SF

      Sunnyside Retail Space Available

      Spacious commercial space in Sunnyside, WA, suitable for various businesses.
      1710 E Gregory St, Sunnyside, WA
      View Details
    • Contact for pricing
      720 SF

      Sunnyside Office/Retail Suite Available

      Office/Retail suite for lease in Yakima Valley Plaza-Professional Center.
      2576 Yakima Valley Hwy, Sunnyside, WA 98944
      View Details
    • Contact for pricing

      25-Unit Manufactured Home Park

      25-unit manufactured park with rental history in Sunnyside, WA.
      2430 Allen Rd, Sunnyside, WA
      View Details
    • Contact for pricing

      Established Mobile Home Park

      Manufactured home park with lot spaces and storage rental units.
      525 Rouse Rd, Sunnyside, WA
      View Details

    FAQs

    What type of property is this?
    Retail space - New retail/office suites with parking and freeway access.
    Where is this retail space located?
    The property is located at 209 N 1st Street Sunnyside, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: New modern design commercial building built in 2023.; Two suites available, 1050 SF and 950 SF, that can be combined for **2,000 SF**.; Easy freeway access.
    (509) 528-5549
    We can help!
    Listing Contact
    Brenda Garibay
    Real Estate License ID: 21026475
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    209 N 1st Street, Sunnyside, WA 98944
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!