Net Leased Pizza Restaurant
For Sale
Contact for pricing
606 Maple St, Clarkston, WA 99403
Absolute NNN leased Papa Murphy’s property on a signalized corner with long initial-term remaining.
Property SizeContact for details
Days on Market120
Property Features for 606 Maple St
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
7,800 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:06PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This offering is a fee simple interest in an absolute NNN leased Papa Murphy’s restaurant property. The lease is described as absolute NNN with zero landlord responsibilities and includes 2% annual rental increases throughout the initial term. The tenant, S & EM LLC, has approximately 14 years remaining in the initial term.
The property is located at a signalized, hard corner intersection of State Highway 129 and Maple Street, with significant street frontage along State Highway 129. The asset is also positioned less than 1 mile south of Gateway Square Center, a community shopping center anchored by Albertson’s, Jo-Ann Fabrics, and Dollar Tree, and near Costco Wholesale and a Walmart Supercenter.
In the immediate area, the State Highway 129 retail corridor includes other nearby national and credit tenants mentioned in the remarks, such as Verizon Wireless, Walgreens, Starbucks, McDonald’s, and True Value. The site is also described as being about 1 mile west of Saint Joseph’s Regional Medical Center and surrounded by multiple apartment complexes, supporting an established local consumer base.
The property is located at a signalized, hard corner intersection of State Highway 129 and Maple Street, with significant street frontage along State Highway 129. The asset is also positioned less than 1 mile south of Gateway Square Center, a community shopping center anchored by Albertson’s, Jo-Ann Fabrics, and Dollar Tree, and near Costco Wholesale and a Walmart Supercenter.
In the immediate area, the State Highway 129 retail corridor includes other nearby national and credit tenants mentioned in the remarks, such as Verizon Wireless, Walgreens, Starbucks, McDonald’s, and True Value. The site is also described as being about 1 mile west of Saint Joseph’s Regional Medical Center and surrounded by multiple apartment complexes, supporting an established local consumer base.
Key Highlights
- Absolute NNN (land & building fee simple) leased Papa Murphy’s investment with zero landlord responsibilities
- Tenant S & EM LLC has approximately 14 years remaining in the initial term
- Lease includes 2% annual rental increases throughout the initial term
Property Analytics
Current Use
Lease Details
7,800 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 99403, WA
20,224
Population
9,192
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
92%
High-School Grad
143.5 sq mi
ZIP Area
141
Density / Sq Mi
$67,424
Median Household Income
$38,536
Median Earnings
$994
Median Rent
$283,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN leased Papa Murphy’s property on a signalized corner with long initial-term remaining.
Where is this nnn property located?
The property is located at 606 Maple St Clarkston, WA.
What are key features of this property?
This property features: Absolute NNN (land & building fee simple) leased Papa Murphy’s investment with zero landlord responsibilities; Tenant S & EM LLC has approximately 14 years remaining in the initial term; Lease includes 2% annual rental increases throughout the initial term
