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Dairy Queen NNN Property
For Sale
Contact for pricing
Pending

11815 SE Mill Plain Blvd, Vancouver, WA 98684

Absolute net lease structure limits landlord obligations and includes scheduled increases with multiple renewal options.

Property Size2,522 SF
Lot Size0.41 Acres
Days on Market142

Property Features for 11815 SE Mill Plain Blvd

General Information

Standard status Pending
Size 2,522 SF
Lot size 0.41 Acres
Property subtype Retail

Additional Details

Traffic Count 50,000 vehicles/day

Building Details

Year Built 1977
Year Renovated 2009
Listing Agency: Marcus & Millichap - Portland
Listed By: Joseph B Dabush · License ##201257377
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Portland

Investment Insights

Based on property information with market context.

This Dairy Queen property in Vancouver, Washington, contains 2,522 square feet on a 0.41-acre site divided across three parcels. Originally constructed in 1977, the building received a full remodel in 2009 and an interior refresh in 2023, with an exterior upgrade planned for 2026.

The asset is leased under an absolute NNN structure, with no landlord responsibilities. Lease terms include a new 20-year term, 10% rent increases every five years, and four five-year renewal options. The property is located at 11815 SE Mill Plain Blvd along a thoroughfare carrying more than 50,000 vehicles daily. Nearby retailers include Walmart, Trader Joe’s, Starbucks, and Raising Cane’s, which opened in July 2024.

Key Highlights

  • Dairy Queen property at 11815 SE Mill Plain Blvd, Vancouver, WA 98684
  • 2,522 square feet on a 0.41‑acre site spanning three parcels
  • Originally built in 1977; remodeled in 2009 and refreshed in 2023

Property Analytics

Current Use

Dairy Queen Grill ... Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,399
Businesses Nearby

Demographics for 98684, WA

33,659
Population
14,355
Households
2.3
Avg Household Size
37
Median Age
29%
College-Educated
90%
High-School Grad
7.1 sq mi
ZIP Area
4,741
Density / Sq Mi
$88,044
Median Household Income
$48,108
Median Earnings
$1,847
Median Rent
$442,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute net lease structure limits landlord obligations and includes scheduled increases with multiple renewal options.
Where is this nnn property located?
The property is located at 11815 SE Mill Plain Blvd Vancouver, WA.
What are key features of this property?
This property features: Dairy Queen property at 11815 SE Mill Plain Blvd, Vancouver, WA 98684; 2,522 square feet on a 0.41‑acre site spanning three parcels; Originally built in 1977; remodeled in 2009 and refreshed in 2023
(503) 200-2061 Call to check price and availability
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