The Landing - Prime Commercial Lots

1502 W Washington Ave, Union Gap, WA 98903

Accepting Offers

Asking Price

$6,842,404.8

The Landing - Prime Commercial Lots

1502 W Washington Ave, Union Gap, WA 98903

Details

Asset Type: Real Estate

Estate: Fee Simple

Property Type: Land

Land Area: 9.24 Acres

Investment Highlights

Centrally located at dominant controlled corner intersection with traffic counts in excess of 37,227 vehicles per day passing by.
Build ready flat and level lots with major infrastructure completed and utilities to site (buyer to satisfy themselves to the availability and capacity of utilities).
Lots 5, 8, 6 and 9 (the interior lots) are available to purchase based upon $17/SF.
Lots 2, 3, 4 and 7 (the frontage lots) are available to ground lease based upon $2.87/SF/year, NNN, or $125,000/year/acre, NNN.
Lot 1 is available to ground lease based upon $3.44/SF/year, NNN, or $150,000/year/acre, NNN.
Lot 1 is located in the city of Yakima while all remaining lots are located in the city of Union Gap.

The Landing - Prime Commercial Lots

THIS OFFERING is for the opportunity to purchase or ground lease prime commercial lots within a recently completed development. Centrally located at the busy controlled corner intersection of S 16th Ave and W Washington Ave that experiences in excess of 37,000 vehicles per day passing by, these flat and level lots are ready to build upon with interior roads and major infrastructure completed. Frontage lots are available to lease or build-to-suit while the interior lots are available to purchase. Lots range in size between approximately .61 acres to approximately 2.11 acres.

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