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Wapato, WA NNN Properties for Sale

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Grocery Store NNN Investment
Updated: Mar 12
Grocery Store NNN Investment

512 W 1st St, Wapato, WA 98951

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22,400 sqft 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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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.

Grocery-Anchored Dollar Tree Investment
Grocery-Anchored Dollar Tree Investment

81 Columbia Point Dr, Richland, WA 99352

$6,825,000
25,049 sqft

25,000 SF NNN investment property with long-term tenant.

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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.

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NNN Retail Storefront Lease
NNN Retail Storefront Lease

75 Columbia Point Drive, Richland, WA 99352

Contact for pricing
11,040 sqft

For sale NNN retail storefront leased to Big 5 Sporting Goods.

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Wapato, WA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Wapato, WA on our real estate platform. These investment opportunities span a total of 22,400 square feet of properties for sale.

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Demographics Overview

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

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)

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