Applebee's NNN
For Sale
Contact for pricing
1604 Plaza Way, Walla Walla, WA 99362
Freestanding Applebee's restaurant on 1.29 acres, subject to a 20-year NNN lease with 10 years remaining.
Property Size6,025 SF
Lot Size1.29 Acres
Days on Market133
Property Features for 1604 Plaza Way
General Information
Standard status
Active
Size
6,025 SF
Lot size
1.29 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 4:59PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an Applebee’s property for sale at 1604 Plaza Way in Walla Walla, Washington. The offering includes approximately 6,025 square feet of building space situated on approximately 1.29 acres of land. The property is structured as a 20-year triple net (NNN) lease, with 10 years remaining.
The lease includes base rent of $197,623 and provides for a 10% increase in May 2022. Additional rent increases are scheduled to continue through the three, five-year tenant renewal options.
This is a single-tenant, NNN restaurant asset with a fixed lease term remaining, designed for buyers seeking a long-term leased income profile.
The lease includes base rent of $197,623 and provides for a 10% increase in May 2022. Additional rent increases are scheduled to continue through the three, five-year tenant renewal options.
This is a single-tenant, NNN restaurant asset with a fixed lease term remaining, designed for buyers seeking a long-term leased income profile.
Key Highlights
- Freestanding Applebee’s restaurant building totaling approximately 6,025 SF
- Located on approximately 1.29 acres
- Subject to a 20‑year triple net (NNN) lease with 10 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Groceries 37%
Dining 20%
Beauty & Spa 1%
Safeway
Groceries
35,865 visits/mo
0.1 miles
Dollar Tree
Shops & Services
18,295 visits/mo
0.1 miles
Bi-Mart
Shops & Services
15,122 visits/mo
0.2 miles
Grocery Outlet Bargain Market
Groceries
12,857 visits/mo
0.4 miles
Starbucks
Dining
12,557 visits/mo
0.2 miles
Demographics for 99362, WA
43,249
Population
18,022
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
90%
High-School Grad
303.1 sq mi
ZIP Area
143
Density / Sq Mi
$70,660
Median Household Income
$37,236
Median Earnings
$1,148
Median Rent
$398,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding Applebee's restaurant on 1.29 acres, subject to a 20-year NNN lease with 10 years remaining.
Where is this nnn property located?
The property is located at 1604 Plaza Way Walla Walla, WA.
What are key features of this property?
This property features: Freestanding Applebee’s restaurant building totaling approximately 6,025 SF; Located on approximately 1.29 acres; Subject to a 20‑year triple net (NNN) lease with 10 years remaining
