Single-Tenant Office
For Sale
Contact for pricing
4112 Summitview Ave, Yakima, WA 98908
Single-tenant office building with a brand-new 10-year NNN lease and 2.5% annual increases, fully occupied.
Days on Market116
Property Features for 4112 Summitview Ave
General Information
Standard status
Active
Property subtype
OFFICE
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Northmarq Commercial, LLC
(206) 584-6195
Listed By:
Raymond Vara
(206) 584-6195
Source:
Moodyscre
Added: Apr 6
Changed: Jul 28
Last Checked: Jul 29 at 2:23PM
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 Northmarq Commercial, LLC
Investment Insights
Based on property information with market context.
Northmarq presents a single-tenant office building in Yakima, WA that is fully occupied by Berkshire Hathaway Home Services. The property is under a brand-new 10-year NNN lease with 2.5% annual rental increases. The structure is described as providing zero landlord management responsibilities.
The tenant has operated at this location for over 20 years, creating a long occupancy history. The offering also notes more than $100,000 in recent tenant improvements. The building is positioned along the city’s primary professional corridor, with visibility and frontage highlighted as key benefits.
This is a passive NNN investment built around a long-term, newly executed lease term and scheduled annual increases. The property is available for sale as an acquisition for investors seeking hands-off ownership, including those pursuing a 1031 exchange.
The tenant has operated at this location for over 20 years, creating a long occupancy history. The offering also notes more than $100,000 in recent tenant improvements. The building is positioned along the city’s primary professional corridor, with visibility and frontage highlighted as key benefits.
This is a passive NNN investment built around a long-term, newly executed lease term and scheduled annual increases. The property is available for sale as an acquisition for investors seeking hands-off ownership, including those pursuing a 1031 exchange.
Key Highlights
- Single‑tenant office building at 4112 Summitview Ave, Yakima, WA, fully occupied by Berkshire Hathaway Home Services
- Brand‑new 10‑year NNN lease with zero landlord management responsibilities
- Lease includes 2.5% annual rental increases for built‑in growth over the term
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 98908, WA
38,205
Population
15,496
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
105.7 sq mi
ZIP Area
361
Density / Sq Mi
$80,266
Median Household Income
$43,789
Median Earnings
$1,302
Median Rent
$356,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office building with a brand-new 10-year NNN lease and 2.5% annual increases, fully occupied.
Where is this office building located?
The property is located at 4112 Summitview Ave Yakima, WA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Single‑tenant office building at 4112 Summitview Ave, Yakima, WA, fully occupied by Berkshire Hathaway Home Services; Brand‑new 10‑year NNN lease with zero landlord management responsibilities; Lease includes 2.5% annual rental increases for built‑in growth over the term
