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22324351
22324352

4001 Tieton Dr, Yakima, WA 98908

BD
IL 475139166
Northmarq Capital, LLC
Northmarq - Chicago
BF
IL 475172411
Northmarq - Chicago
Listed by Northmarq Capital, LLC, Northmarq - Chicago
$1,961,000
149 days on market
Updated 31 days ago

BestMed Urgent Care - Yakima, WA

Details
APN 18132234438
Property Type Office
Sub Type Medical Office
Square Footage 4,357
Net Rentable (SqFt) 4,357
Units 1
Cap Rate 6.25%
NOI $122,990
Occupancy 100%
Tenancy Single
Brand/Tenant BestMed Urgent Care
Lease Type NNN
Lease Term 15
Lease Expiration 11/29/2036
Remaining Term 10.4
Rent Bumps Yes
Lease Options Two, 5-Year Options
Price per SqFt $450
Broker Co-Op Yes
Year Built 1979
Year Renovated 2021
Buildings 1
Stories 1
Acreage 0.370
Zoning City of Yakima: B-1, Community Mixed-Use
Parking Spaces 19 spaces
Parking per 1,000 SqFt 4.36
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/30/2021
Ownership Fee Simple Absolute

6.40% Cap Rate | Long-Term NNN Lease | Hard, Signalized Corner | Affluent Demographics

Marketing description

CONTACT BROKER DIRECTLY
Mack Wolfgram
+1 312.777.2454
[email protected]

-

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee-simple interest in the single-tenant urgent care facility located at 4001 Tieton Drive in Yakima, Washington (the “Property”). The Property is leased to Community Care Partners, LLC, DBA BestMed Urgent Care, and corporately guaranteed by CCP Holdings, LLC (107 units). BestMed is a leading provider of urgent care, primary care and occupational medicine services in the Western U.S. with 38 clinics across four states. BestMed is a part of the Community Care Partners (“CCP”) network, a physician-owned and managed group of urgent care and primary care clinics that operates 100+ facilities under four banners in six states and is one of the fastest-growing companies in the country with 464% growth over the last three years. As of January 2025, CCP is the 9th-largest independent urgent care operator in the U.S., having moved from 11th to 9th in just the last year alone.

Renovated in 2021 for BestMed, the Property is operating under a highly passive 15-year NNN lease running through November 2036, followed by two, five-year option periods. The lease features virtually no Landlord responsibility (Tenant is fully responsible for roof) and includes 2.00% annual rental increases with 11+ years remaining.

The Property is positioned at the hard, signalized corner of two major arterials, offering eight lanes of traffic. It is directly across from one of the largest high schools in all of Washington (Eisenhower High School – 2,240+ enrollment), offers a convenient alternative for medical care near Yakima Memorial Hospital (less than one-mile east; 238-bed, level III adult and pediatric trauma center) and is within two miles of a regional airport. Additionally, it is less than five miles from Interstate 82, the primary link between Seattle and Salt Lake City.

Investment highlights

  • Community Care Partners Corporate Lease Guaranty

  • Long-Term NNN Lease with Tenant Responsible for Roof

  • Annual 2.00% Rental Increases

  • Rent/SF ±30% Below National Urgent Care Average

  • Completely Renovated Site (2021)

  • Investment Opportunity in Rapidly Growing Urgent Care Industry

  • Central Washington Hub with Close Access to Major Northwest Population Centers

  • Easy Access & High Visibility with Location on Hard, Signalized Corner Near Airport Within I-82 Corridor

  • Densely Populated & Affluent Demographics

  • Rapidly Growing Market

  • Adjacent to One of the State's Largest High Schools

Listing Contacts

BD
IL 475139166
Northmarq Capital, LLC
Northmarq - Chicago
BF
IL 475172411
Northmarq - Chicago
Listed by Northmarq Capital, LLC, Northmarq - Chicago

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$122,990.00
$10,249.17/mo

Valuation Metrics

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DSCR
6.27%
Cap Rate
6.27%
ROI

Map

Zoning

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B-1 CommercialSpecial CommercialProfessional Business District
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kevin Adatto
License
WA Lic. #21038208
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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