Drive-Through Restaurant
For Lease
Contact for pricing
21895 Viking Way NW, Poulsbo, WA 98370
C-3 zoning permits drive-thru operations and supports retail, office, hospitality, health services, mixed-use, and residential uses.
Space Size2,308 SF
Days on Market157
Property Features for 21895 Viking Way NW
General Information
Standard status
Active
Size
2,308 SF
Property subtype
RETAIL
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
double-entry drive-thru
prominent pylon signage
Building Details
Building Size
2,308 SF
Spaces For Lease
at 21895 Viking Way NW
Former Sonic Drive-In
$78/SF/Yr
Size
2,308 SF
Type
RETAIL
Lease Type
OTHER
Availability
AVAILABLE
We have been selected to exclusively market for sale a former Sonic Drive-In owner/user or value-add opportunity in Poulsbo, WA. The property features a 2,308 SF QSR building, an approximately 2,750 SF canopy, a double-entry drive-thru, and ample parking, with the flexibility to utilize the existing improvements or redevelop the parcel for a new use. The property's C-3: SR 305 corridor zoning explicitly permits drive-thrus and allows for a wide range of uses including retail, office, hospitality, health services, mixed-use, and residential. While operated as a Sonic Drive-In, the property consistently performed well above average AUV for the brand (contact Listing Agent for details). The property is situated on the corner of Viking Way and State HWY 305 adjacent to HWY 3, and benefits from 74,000+ VPD, easy ingress/egress with a protected left turn lane, and prominent pylon signage. The surrounding trade area includes numerous national retailers. The property is also strategically positioned along major commute and school routes, near multiple schools, and adjacent to the North Viking Transit Center/Park & Ride. The Poulsbo submarket features a five-year average retail vacancy rate of 3.3%, 3.4% annual rent growth over five years, and no new retail deliveries in four years, creating a high barrier-to-entry environment. Within three miles, average household incomes exceed $131,000 and the population has grown over 12% since 2010, with over 30% growth within one mile. Washington's lack of state income tax further enhances after-tax returns.
Contact us
Listing Agency:
Marcus & Millichap, Inc.
(206) 826-5700
Listed By:
Clayton Brown · License #WA:123258,ID:SP56979
(206) 826-5787
Source:
Moodyscre
Added: May 28
Changed: Oct 25
Last Checked: Oct 30 at 4:53PM
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, Inc.
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Investment Insights
Based on property information with market context.
Formerly operated as a Sonic Drive-In, the property includes a 2,308 SF QSR building, an approximately 2,750 SF canopy, a double-entry drive-thru, ample parking, and prominent pylon signage. Existing improvements can support continued restaurant use or other uses permitted under the C-3: SR 305 corridor zoning.
Located at the corner of Viking Way and State HWY 305, the property is adjacent to HWY 3 and benefits from 74,000+ VPD, easy ingress and egress, and a protected left turn lane. The site is positioned along major commute and school routes, near multiple schools, and adjacent to the North Viking Transit Center/Park & Ride. The surrounding trade area includes numerous national retailers. Within three miles, average household incomes exceed $131,000, while population growth has exceeded 12% since 2010.
Located at the corner of Viking Way and State HWY 305, the property is adjacent to HWY 3 and benefits from 74,000+ VPD, easy ingress and egress, and a protected left turn lane. The site is positioned along major commute and school routes, near multiple schools, and adjacent to the North Viking Transit Center/Park & Ride. The surrounding trade area includes numerous national retailers. Within three miles, average household incomes exceed $131,000, while population growth has exceeded 12% since 2010.
Key Highlights
- 2,308 SF QSR building with an approximately 2,750 SF canopy
- Double‑entry drive‑thru, ample parking, and prominent pylon signage
- C‑3: SR 305 corridor zoning explicitly permits drive‑thrus
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$11.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 26%
Electronics 4%
Home Improvements & Furnishings 1%
Starbucks
Dining
23,089 visits/mo
0.5 miles
Taco Bell
Dining
19,208 visits/mo
0.4 miles
Wendy's
Dining
17,865 visits/mo
0.5 miles
AMPM
Shops & Services
16,033 visits/mo
0.1 miles
Petco
Shops & Services
12,266 visits/mo
0.5 miles
Demographics for 98370, WA
32,857
Population
13,849
Households
2.4
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
56.3 sq mi
ZIP Area
584
Density / Sq Mi
$109,416
Median Household Income
$56,754
Median Earnings
$1,757
Median Rent
$587,000
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - C-3 zoning permits drive-thru operations and supports retail, office, hospitality, health services, mixed-use, and residential uses.
Where is this drive through restaurant located?
The property is located at 21895 Viking Way NW Poulsbo, WA.
What is the lease rate?
The lease rate is $78 SF/Yr.
What are key features of this property?
This property features: 2,308 SF QSR building with an approximately 2,750 SF canopy; Double‑entry drive‑thru, ample parking, and prominent pylon signage; C‑3: SR 305 corridor zoning explicitly permits drive‑thrus
