Entity Owned Property summary
This exceptional investment opportunity presents a free-standing, 650 square foot retail building located at 115 N 56th Avenue in Yakima, WA. Constructed in 2019, the property is currently 100% occupied by The Human Bean coffee shop under a 15-year Net Net Net (NNN) lease. The lease includes a recent rent increase for years six through ten, and features two five-year options for renewal, ensuring long-term income stability. The building benefits from a desirable LCC zoning designation, reflecting its prime location within a thriving commercial area of Yakima. This turnkey asset requires minimal management, offering a compelling investment opportunity for those seeking a stable, high-performing retail property. The sale includes the building and the existing business
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose and intent of the large convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet the retail shopping and service needs of the community.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LCC · Yakima, WAThe purpose and intent of the large convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet the retail shopping and service needs of the community.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose and intent of the large convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet the retail shopping and service needs of the community.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LCC in Yakima, WA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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