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Net-Leased Restaurant Property
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1401-1405 Lakeside Ct, Yakima, WA 98902

Two single-tenant net-leased restaurant assets, including a Shari’s suite with a lease extended through 2032.

Property SizeContact for details
Days on Market122

Property Features for 1401-1405 Lakeside Ct

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq
Listed By: Sean Mack · License #OR 990100161
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 1:13PM

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 Northmarq

Investment Insights

Based on property information with market context.

This offering includes two single-tenant net-leased restaurant assets with an identified strong operating history. The included Shari’s location recently extended its lease through 2032 and committed to future capital investment in its suite as of 2019.

The property is described as highly accessible and is presented with potential for a parcelized sell-off scenario. The remarks also reference “Salon at Lakeside” as part of the overall opportunity discussion.

Overall, the package is structured around single-tenant net-leased use, with one unit specifically documented as Shari’s through 2032 and additional flexibility addressed through the parcelization concept noted in the remarks.

Key Highlights

  • Two single‑tenant net‑leased restaurant assets
  • Shari’s suite with a lease extended through 2032
  • Tenant committed to future capital investment in its suite by 2019

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Furniture & Home Goods Hair Salon Grocery & Convenience Store

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

372
Businesses Nearby
165k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 48% Beauty & Spa 1% Hotels & Casinos 1%
Fred Meyer Gas Station Shops & Services
34,099 visits/mo 0.2 miles
McDonald's Dining
30,350 visits/mo 0.3 miles
Bi-Mart Shops & Services
17,358 visits/mo 0.2 miles
Starbucks Dining
15,288 visits/mo 0.2 miles
Taco Bell Dining
14,762 visits/mo 0.1 miles

Demographics for 98902, WA

47,589
Population
17,723
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
78%
High-School Grad
9.3 sq mi
ZIP Area
5,117
Density / Sq Mi
$60,050
Median Household Income
$36,900
Median Earnings
$1,045
Median Rent
$237,700
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?
Conventional restaurant - Two single-tenant net-leased restaurant assets, including a Shari’s suite with a lease extended through 2032.
Where is this conventional restaurant located?
The property is located at 1401-1405 Lakeside Ct Yakima, WA.
What are key features of this property?
This property features: Two single‑tenant net‑leased restaurant assets; Shari’s suite with a lease extended through 2032; Tenant committed to future capital investment in its suite by 2019
More about this property
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