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700 WEST VALLEY MALL BOULEVARD UNION GAP, WASHINGTON * Rendering is for markeng purposes only Paul Stelzer | (509) 248-4530 Office | (509) 494-3630 Cell | [email protected] Stelzer Commercial, LLC | 1101 W Yakima Ave, #101 | Yakima, WA 98902 PURCHASE PRICE NOI BUILDING SIZE OCCUPANCY $3,100,000 $216,475 33,778 SF 100% PROPERTY HIGHLIGHTS INVESTMENT HIGHLIGHTS • Parcel Number 19120611017 - 1.45 acres • Parcel Number 19120611016 - 0.86 acres • 22’ clear height • 3 phase power • Secure and fenced yard • Sprinklered • Good mix of dock-high and grade-level loading • Direct access to I-82 from Valley Mall Blvd • Well situated in City of Union Gap, a pro-business municipality currently seeing the majority of new construcon and infrastructure along with commercial growth in the area • The area consists of big box retailers, hotels, restaurants, manufacturing, logiscs, distribuon and other warehouse users • Originally, the majority of the facility was leased by Sears, Roebuck and Company, which housed their parts and distribuon center unl 2014 • Upon the recent transfer of ownership and rehab, the building is now occupied by good credit tenants, both with internaonal ownership • Giro Pack, Inc. leases 1/3 of the building • Pace Internaonal leases the remaining 2/3 of the building • Long term leases achieving both market rates and annual increases • Both tenants service the agriculture industry, the economic driving force in Central Washington • The flexible nature of the building has both dock high and grade level loading and lends itself well
