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Walgreens on Nob Hill Boulevard
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6400 W Nob Hill Blvd, Yakima, WA 98908

Retail property with long-term lease in Yakima, Washington.

Property Size14,738 SF
Price / SF$381.67
Days on Market153

Property Features for 6400 W Nob Hill Blvd

General Information

Standard status Active
Size 14,738 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $450,000

Building Details

Tenancy Single
Listing Agency: RX Syndicate
Listed By: Arthur Griffith · License #CA 01876378
Source: Crexi
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 11 at 11:09AM

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 RX Syndicate

Investment Insights

Based on property information with market context.

This property is strategically located along W Nob Hill Boulevard, Yakima’s primary west-side retail corridor. The location benefits from visibility, direct access, and consistent commuter traffic. The property is situated within a retail node anchored by Walmart, Target, Fred Meyer, and Home Depot. The site’s proximity to residential neighborhoods, healthcare services, hotels, and regional employers positions the asset as a durable investment. The lease has approximately 8.8 years remaining, is triple net with a full Walgreens guaranty and the preferred 5 year option structure through 2044, and features approximately $3,850,000 in rents remaining in the primary term. The store is positioned on one of Yakima’s highest-exposure retail corridors with over 20,000 vehicles per day, rising above 26,000 VPD on adjacent segments and reaching over 30,000 VPD in parts of the Nob Hill retail district. The property size is 14738 square feet. The property is located in a tax-free state.

Key Highlights

  • Strategic location on Yakima's primary retail corridor (W Nob Hill Boulevard) with exceptional visibility and access.
  • Outparcel to a high‑performing Walmart store, indicating strong foot traffic and co‑tenancy synergy with major retailers (Target, Fred Meyer, Home Depot).
  • ~8.8 years remaining on a true triple net lease with a full Walgreens guaranty and preferred option structure through 2044.

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy COVID-19 Drive-thru Testing ... Pharmacy Walgreens Cosmetic Store FedEx OnSite Postal Service Redbox Cinema

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Conoco Shops & Services
3,176 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Walgreens Pharmacy 6400 W Nob Hill Blvd, Yakima, WA 98908
  • Wray's Pharmacy 7200 W Nob Hill Blvd #1, Yakima, WA 98908
  • Wray's Marketfresh IGA Meadowbrook 7200 W Nob Hill Blvd #1, Yakima, WA 98908
  • Walmart Pharmacy 6600 W Nob Hill Blvd, Yakima, WA 98908
  • Candace Pryse 6600 W Nob Hill Blvd, Yakima, WA 989081976

Frequently Asked Questions

What type of property is this?
Drug store - Retail property with long-term lease in Yakima, Washington.
Where is this drug store located?
The property is located at 6400 W Nob Hill Blvd Yakima, WA.
What is the asking price?
The asking price for this property is $5,625,000.
What are key features of this property?
This property features: Strategic location on Yakima's primary retail corridor (W Nob Hill Boulevard) with exceptional visibility and access.; Outparcel to a high‑performing Walmart store, indicating strong foot traffic and co‑tenancy synergy with major retailers (Target, Fred Meyer, Home Depot).; ~8.8 years remaining on a true triple net lease with a full Walgreens guaranty and preferred option structure through 2044.
More about this property
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