The Human Bean NNN Property For Sale — Yakima, WA
115 N 56th Ave, Yakima, WA 98908
This modern retail investment features a freestanding building constructed in 2019, currently occupied by The Human Bean coffee shop. The property boasts long-term passive income and is located in a strategic, high-traffic area with convenient access and strong visibility within the thriving Yakima market. This turnkey retail asset showcases potential for long-term success, poised to deliver solid returns in the dynamic Yakima retail landscape. This offering includes a 15-year triple net lease with scheduled rent increases and renewal options. Please note that the sale of the business and the real estate are separate transactions.
- Address: 115 N 56th Ave, Yakima, WA 98908
- Asking price $1.40M
- 6.15% cap rate
- NOI $86,043
- 8.1 years remaining
- NNN lease
- Year built: 2019
- Building size: 650 SF
- Lot size: 0.64 acres
- Lease expiration: Oct 31, 2034
- Rent increases: Lease about to enter increased rents for years 6-10. There are three 5-year options to extend.
- Guarantor: Corporate
Location
This The Human Bean property is at 115 N 56th Ave in Yakima, Washington.
Asset type: Retail