Single-Tenant Restaurant
For Sale
$1,300,000
401 W 1st Ave, Toppenish, WA 98948
Single-tenant Dairy Queen with a long-term lease structure featuring periodic increases and extension options.
Property SizeContact for details
Days on Market142
Property Features for 401 W 1st Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$13,359
Building Details
Tenancy
Single
Listing Agency:
John L Scott Yakima
(509) 949-1389
Listed By:
Mike Abrams · License #WA 75950
(509) 949-1389
Source:
Exprealty
Added: Apr 11
Changed: Aug 25
Last Checked: Aug 29 at 11:15AM
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 John L Scott Yakima
Investment Insights
Based on property information with market context.
The Deltondo Group and Marcus & Millichap present a single-tenant Dairy Queen restaurant property for sale at 401 West 1st Avenue in Toppenish, Washington. The restaurant has operated at this location for over 45 years, supporting an established operating history.
The current lease features 18 years remaining, with 7.5% increases every five years, including the next five-year period. The lease also includes four, five-year extension options, providing additional opportunities to continue occupancy beyond the initial term.
This offering is presented as a single-tenant investment with an ongoing franchise restaurant lease in place.
The current lease features 18 years remaining, with 7.5% increases every five years, including the next five-year period. The lease also includes four, five-year extension options, providing additional opportunities to continue occupancy beyond the initial term.
This offering is presented as a single-tenant investment with an ongoing franchise restaurant lease in place.
Key Highlights
- Single‑tenant Dairy Queen at 401 West 1st Avenue, Toppenish, WA 98948
- Operating history at this location for over 45 years
- Current lease has 18 years remaining
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
134k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 33%
Groceries 25%
Home Improvements & Furnishings 5%
Safeway
Groceries
33,476 visits/mo
0.3 miles
McDonald's
Dining
23,769 visits/mo
0.4 miles
Dollar Tree
Shops & Services
15,356 visits/mo
0.1 miles
Taco Bell
Dining
6,455 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,405 visits/mo
0.2 miles
Demographics for 98948, WA
13,416
Population
3,620
Households
3.7
Avg Household Size
31
Median Age
9%
College-Educated
63%
High-School Grad
335.3 sq mi
ZIP Area
40
Density / Sq Mi
$67,217
Median Household Income
$32,639
Median Earnings
$978
Median Rent
$217,800
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?
Conventional restaurant - Single-tenant Dairy Queen with a long-term lease structure featuring periodic increases and extension options.
Where is this conventional restaurant located?
The property is located at 401 W 1st Ave Toppenish, WA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Single‑tenant Dairy Queen at 401 West 1st Avenue, Toppenish, WA 98948; Operating history at this location for over 45 years; Current lease has 18 years remaining
