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2001 W Lincoln Ave
19,646 SF of Retail Space Available in Yakima, WA 98902
HIGHLIGHTS
- Offered lease rate is based upon approximately $13/SF attributable to the main floor and $7/SF attributable to the daylight basement.
- Strong neighborhood mix including numerous national and local retailers (Safeway, McDonald’s, Subway, etc), numerous medical providers and apartments.
- Access from two arterials via three dedicated curb cuts. Includes 40 dedicated parking stalls and has an elevator.
- Approximately $250,000 of capital improvements made in 2021, including a new roof, a pair of 10-ton HVAC units, new canopy entrance, façade work, etc.
- Three loading doors, including one semi-dock, one covered half-dock and one grade level.
- Also available to purchase for $1,950,000.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 19,646 SF | Negotiable | $14.43 CAD/SF/YR $1.20 CAD/SF/MO $283,531 CAD/YR $23,628 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2001 W LINCOLN AVE , YAKIMA, WA 98902
| Total Space Available | 19,646 SF | Gross Leasable Area | 19,646 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Freestanding | Parking Ratio | 2.04/1,000 SF |
| Total Space Available | 19,646 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 19,646 SF |
| Year Built | 1994 |
| Parking Ratio | 2.04/1,000 SF |
ABOUT THE PROPERTY
THIS OFFERING is for the opportunity to lease or purchase a well-positioned flexible commercial building at a desirable west Yakima location located on a prominent commercial arterial with excellent access, visibility and presence. Originally built for and historically occupied by a medical supply retailer, the building is configured with approximately 10,141SF of main floor space suitable for retail or professional use and 9,323SF of partially finished daylight basement space currently configured for storage use with an elevator between the floors. Significant capital improvements were made in 2021, which include a new 60 mil TPO roof membrane, a pair of 10-ton HVAC units, a new architectural canopy entrance, lighting upgrades to the exterior and parking lot, exterior painting and metal awnings.
- Bus Line
NEARBY MAJOR RETAILERS
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2001 W Lincoln Ave
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