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31485 State Highway 20 Oak Harbor, WA 98277

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For Sale
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New construction drive-thru at high-traffic Oak Harbor corner.

Lot size:
0.43 Acres

Property Features for 31485 State Highway 20

General Information

Lot size
0.43 Acres

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Listing Contact
Erik Swanson
Source: Moodyscre

Listing Agency: Kidder Mathews Listing Agent: Erik Swanson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oak Harbor Drive-Thru Investment

This is a newly constructed Cedar & Salt Coffee drive-thru located at the corner of Highway 20 and Pioneer Way in Oak Harbor, Washington. The investment is structured as a build-to-suit ground lease, where the tenant holds rights to the improvements during the lease term. Upon lease expiration, all improvements revert to the landlord, offering long-term residual value in addition to passive income under the NNN lease structure. The lease includes a 15-year initial term, four 5-year renewal options, and a percentage rent clause, providing long-term upside potential tied to tenant performance. The property is suitable for coffee shops, restaurants, retail properties, drive-through restaurants, NNN properties, and specialty properties.
Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Restaurant Big Box & Wholesale Store Food Market Bed & Breakfast Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oak Harbor
County
Island
State
Washington
Longitude
-122.622336
Latitude
48.358245

FAQs

What type of property is this?
Coffee shop - New construction drive-thru at high-traffic Oak Harbor corner.
Where is this coffee shop located?
The property is located at 31485 State Highway 20 Oak Harbor, WA.
What are key features of this property?
This property features: - High-traffic location at the corner of Highway 20 and Pioneer Way.; - Newly constructed Cedar & Salt Coffee drive-thru.; - 15-year initial lease term with four 5-year renewal options.
(206) 296-9628 Call to check price and availability
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