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    Toppenish, WA Zillah, WA Harrah, WA Union Gap, WA Yakima, WA Moxee, WA White Swan, WA Granger, WA
    Grocery Store NNN Investment
    Updated: Mar 13
    Grocery Store NNN Investment

    512 W 1st St, Wapato, WA 98951

    $2,541,637
    2.68 AC lot
    Stabilized retail investment: grocery store operating under a long‑term NNN lease.
    Lease term is 10 years with four consecutive 5‑year renewal options for long‑term income durability.
    Offered at a 7.9% cap rate and described as a stabilized retail investment under NNN lease.
    Two parcels totaling approximately 116,740 SF: 82,328 SF zoned B‑1 and an adjoining 34,412 SF parcel zoned M‑1.
    Located at the prominent intersection of West 1st Street and U.S. Highway 97 in the Lower Yakima Valley.
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    See what stands out in Yakima County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wapato, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    At Home Retail Space
    At Home Retail Space

    867 N Columbia Center Blvd, Kennewick, WA 99336

    $8,800,000
    106,238 sqft

    Large-format retail space with an absolute net lease and substantial 2019 property renovations.

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    Triple-Net Retail Building
    Triple-Net Retail Building

    1911 S 1st Street, Yakima, WA 98903

    Contact for pricing
    15,166 sqft 1.79 AC lot

    A 2015-built, net-leased retail building operated by Harbor Freight under an extended lease through 2030.

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    M-1 Zoned Industrial Flex Building
    M-1 Zoned Industrial Flex Building

    2607/2609 Ahtanum Rd, Yakima, WA 98903

    Contact for pricing
    10,000 sqft

    Tilt-up industrial building with two demisable bays, each with a private office and ADA restroom.

    View details
    Medical Office with NNN Lease
    Medical Office with NNN Lease

    7521 West Deschutes Avenue, Kennewick, WA 99336

    Contact for pricing
    4,229 sqft

    Kennewick dental office built in 1993 with a long-term lease profile and annual contractual increases.

    View details

    Wapato, WA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Wapato, WA on our real estate platform.

    Sale prices for triple net lease properties in Wapato, WA average $2,541,637 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.1%
    Median Household Income $63,083
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

    Identify Wapato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98951 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.77%
    Property Tax per SF $13.78 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yakima County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Yakima County

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