Listing Agency: NNN Pro Group Show Phone

Listed By: Glen Kunofsky · License #49KU1129178 Show Phone

Source: Moodyscre

Added: Mar 14, 2025 Changed: Oct 25 Last Checked: Oct 28 at 11:12AM

Report an Issue

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 NNN Pro Group

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The property is a Popeyes restaurant located at 1680 North 1st Street, Hermiston, Oregon. It features a 2,536-square-foot building on an estimated 0.82-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease that commenced on June 1, 2023. The current annual rent is $215,000, with scheduled increases of 1.75% annually starting in year 7.

Key Highlights

• 20‑year Triple Net (NNN) lease commenced 6/1/2023
• Current annual rent is $215,000
• Located at 1680 North 1st Street, Hermiston, Oregon 97838

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom HVAC Service

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

Location Intelligence

Trade Area within ½ mile

288

Businesses Nearby

278k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 39% Superstores 25% Home Improvements & Furnishings 15% Shops & Services 11%

Walmart Superstores

69,573 visits/mo 0.3 miles

McDonald's Dining

32,070 visits/mo 0.4 miles

The Home Depot Home Improvements & Furnishings

23,747 visits/mo 0.3 miles

Jack in the Box Dining

16,138 visits/mo 0.4 miles

Burger King Dining

13,734 visits/mo 0.1 miles

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

Similar For Sale Nearby

See more

Downtown Storefront Building

190 E Main St, Hermiston, OR 97838

$315,000

2,989 SF

View details

2-Suite Storefront

222 E Main ST, Hermiston, OR 97838

$249,000

1,875 SF

View details

Three-Property Gas Station Portfolio

1655 North 1st Street, Hermiston, OR 97838

Contact for pricing

View details

Restaurant Building

1619 N 1st St, Hermiston, OR 97838

$1,850,000

6,773 SF

View details

Duplex With Detached Dwelling

153 W Beech Ave, Hermiston, OR 97838

Contact for pricing

1,456 SF

View details

Agricultural Horse & Livestock Property

33149 Kuhn Ln, Hermiston, OR 97838

Contact for pricing

27.22 Acres

View details

Frequently Asked Questions

What type of property is this?

Drive through restaurant - Popeyes restaurant in Hermiston, Oregon with long-term NNN lease.

Where is this drive through restaurant located?

The property is located at 1680 N 1st St Hermiston, OR.

What is the asking price?

The asking price for this property is $3,079,250.

What are key features of this property?

This property features: 20‑year Triple Net (NNN) lease commenced 6/1/2023; Current annual rent is $215,000; Located at 1680 North 1st Street, Hermiston, Oregon 97838