THIS OFFERING presents the opportunity to acquire a stabilized retail investment featuring a thriving grocery store operating under a long-term NNN lease. The current lease term extends for ten years and includes four consecutive five-year renewal options, providing investors with durable, long-term income stability. The tenant is a well-established regional operator with an investment-grade credit profile and a proven operating history at this location, as well as ownership and operation of seven additional grocery stores throughout Washington State. The investment is offered at an attractive 7.9% cap rate and includes an additional adjoining tax parcel combining for approximately 116,740 square feet. The primary parcel consists of approximately 82,328 square feet and is zoned B-1 (Neighborhood Business District), while the adjacent parcel is just under one acre at approximately 34,412 square feet and is zoned M-1 (Light Industrial), providing flexibility for future use, expansion, or ancillary development. Strategically positioned at one of the Lower Yakima Valley's most prominent and highly trafficked intersections -- West 1st Street and U.S. Highway 97 -- the property benefits from exceptional visibility, strong daily vehicle counts, and established retail synergy. Surrounding national and regional tenants include O'Reilly Auto Parts, McDonald's, DaVita Dialysis, and the nearby Wolf Den retail hub, reinforcing the location's role as a dominant neighborhood and commuter-oriented retail destination. With its combination of long-term contractual income, strong tenant credit, high-exposure location, and additional land component offering future upside, this asset represents a compelling opportunity for investors seeking secure cash flow with long-term growth potential and rental escalations.
Courtesy: Whisper Real Estate
425-505-2169
Alia Kiyani
Excellent commercial opportunity located at 705 W 1st St in Wapato. This approximately 3,000 sq ft retail/store building sits on a 0.37-acre lot along a main commercial corridor, offering strong visibility and convenient access for local traffic and customers. The property has historically operated as a fuel station and convenience retail location, providing an established commercial presence within the community. The site benefits from good street frontage and accessibility, with a generous lot size and central location within Wapato’s commercial area, this property presents an attractive opportunity for owner-operators or investors seeking a versatile retail or service business location.45% Margin on grocery and $1 Margin on Gas.
Exceptional opportunity to own a versatile commercial property located right off the highway, offering outstanding exposure and easy access. Currently operating as a car lot, this property is perfectly positioned to capture high daily traffic and maximize business visibility. The building features four private office spaces, a welcoming lobby area, and a cafeteria/breakroom, providing a functional layout for a variety of business uses. Whether you continue operating as an auto dealership or convert the space for retail, professional services, or another commercial venture, the setup offers flexibility and convenience. With strong street presence and prime highway access, this property is ideal for businesses seeking visibility, accessibility, and long-term growth potential. Don't miss this excellent investment opportunity -- schedule your private tour today.
Welcome to this stunning property offering a unique opportunity to own a 3.4-acre you-pick farm nestled in the heart of nature. Operating farm with a volume for FARM LIFE; the property building has 6,840 sqft with numerous updates. The upstairs is used as offices, unfinished but plumbed for a bathroom, a break room, and or a kitchen. It features freezer rooms, storage areas, and an abundance of electrical outlets for various uses. The packing room, conveyors, and everything are operational. Situated next to 23.77 acres and 19.44 acres of lush land, this farm boasts a thriving orchard featuring a diverse assortment of apples, berries, and nuts. The following listings can be purchased together 25-1644,25-1719.
This versatile 5500 SF retail space offers outstanding exposure along US 97, Formerly occupied by Advanced Auto parts, the building is well suited for a variety of commercial uses. Features include ample onsite parking, a grade level roll up door, and strong street visibility. A prime location wit high traffic counts makes this an ideal opportunity for retailers seeking maximum exposure.
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Wapato is located in Washington. Wapato, Washington has a population of 4,652. Wapato is more family-centric than the surrounding county with 36.13% of the households containing married families with children. The county average for households married with children is 32.13%.
The median household income in Wapato, Washington is $47,955. The median household income for the surrounding county is $58,380 compared to the national median of $69,021. The median age of people living in Wapato is 27.5 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 8.4 inches per year, with 16.8 inches of snow per year.
