Property Details

5110 Tieton Dr

Yakima, WA 98908

$4,000,000

Pending

CBA# 711310 courtesy of CBA Listing firm: Kidder Mathews

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I’d like more information about 5110 Tieton Dr, Yakima, MLS# 711310

Office / Retail

Property Type

72,218

Bldg Sq Ft

1945

Year Built

Property Overview

We are pleased to present the opportunity to acquire Glenwood Square, an irreplaceable and historic multi-tenant neighborhood shopping center in Yakima’s affluent West Valley submarket. Glenwood Square is anchored by 3 of Yakima’s most popular and long-time established restaurants, offering stable and differentiated rental income at an attractive 8.72% current CAP Rate, generating an immediate 11% cash on cash return with traditional financing. Located within the affluent West Valley submarket— Yakima’s highest-income submarket -The property benefits from strong surrounding demographics, with a county population exceeding 250,000 residents and approximately 85,000 households. The building itself offers a distinctive architectural character, featuring exposed rustic beams and heavy ha