5110 Tieton Drive, Yakima
$4,200,000
Listing Office: Berkshire Hathaway HS CW RE.
Glenwood Square is a prize property that any investor would want in their portfolio. It has a 20 year track record of successful operation. To say it’s at the ‘core’ of Yakima is appropriate since it was once was an active apple warehouse. Refurbished in 1999, it is home to Zesta Cucina and Xochimilco, popular destination restaurants and long term tenants. Each adds color and culture to the environment and a steady flow of patrons daily. Pre-Covid NOI of Glenwood Square would put the current sale price at 6% cap rate and there is certainly ample opportunity to achieve that level again. Additional financial opportunity exists in movie/media theatre and reception space rental.
Concrete, Hardwood, Wall to Wall Carpet
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Listing information last updated on May 5th, 2024 at 5:28pm CDT.
