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Two high-profile Yelm commercial real estate parcels for sale!

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CCI maintenance/storage yard
Credit: Greene Realty Group
  • Editor’s note: Last week, the Consolidated Communications (CCI) maintenance/equipment storage yard was listed for sale. CCI is making some internal changes regarding their technicians service trucks being driven to their homes at night, negating the need for the structure (built by CCI’s Yelm predecessor Fairpoint Communications). CCI also intends to lease back one bay from the buyer for equipment storage. This is a huge change in that Yelm will have a greatly reduced footprint from CCI!
  • Quoting the listing:
  • 10812 Bald Hill Rd SE, Yelm, WA 98597
  • $1,200,000 list price
  • “This is a great site for a contractor yard or manufacturing with a very nice building. Other building is for equipment parking with a wash bay and a fueling bay with above ground tanks. Fully fenced and gate and the site is 95% paved. Nice two story offices in one bay.”

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Frontier Village
Credit: Greene Realty Group

FRONTIER VILLAGE

404 1st St SE, Yelm, WA 98597

$1,100,000 list price

Listing Office: Westlake Associates, Inc.

“The Frontier Village Retail Center is a fully leased, six-tenant retail investment opportunity located a third of a mile from downtown Yelm and is being offered for sale for $1,100,000. There is a potential to add more tenants with the current division of the building, and an ability to increase rents with professional property management. This is also an excellent 1031 Tax deferred exchange opportunity. With minor changes to how the property is currently being managed, Frontier Village could easily have an 8% Capitalization Rate,” by Greene Realty Group.

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Posted by Steve on August 19, 2019 at 12:03 am | Permalink

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