Property Details

BRAND NEW 10-YEAR LEASE WITH 2.5% ANNUAL INCREASES AND ZERO MANAGEMENTNorthmarq is pleased to present the exclusive listing for 4112 Summitview Ave, a single-tenant office building in Yakima, WA. Fully occupied by Berkshire Hathaway Home Services, the tenant has operated successfully at this specific location for over 20 years. The investment is anchored by a brand-new 10-year NNN lease, offering long-term stability and exceptional visibility along the city’s primary professional corridor.The lease structure features 2.5% annual rental increases, providing a consistent hedge against inflation and steady yield growth. With zero landlord management responsibilities and over $100,000 in recent tenant improvements, this asset is an ideal “hands-off” acquisition for 1031 exchange buyers and private capital. Additionally, investors benefit from Washington’s status as a state with no personal income tax.Investment highlights:GLOBALLY ELITE BERKSHIRE HATHAWAY BRANDSTRONG 20-YEAR HISTORICAL OCCUPANCYBRAND NEW 10-YEAR PASSIVE LEASEBUILT-IN 2.5% ANNUAL RENTAL INCREASESEXTREMELY PASSIVE NNN STRUCTUREHIGH-VOLUME VISIBILITY & FRONTAGE