Entity Owned Property summary
This exceptional investment opportunity presents a 7,507 square-foot Olive Garden restaurant on a 0.41-acre lot in East Wenatchee, Washington. Built in 2010, the property is situated on an outparcel of the Wenatchee Valley Mall, benefiting from high traffic volume generated by anchor stores such as Macy's, Sportsman's Warehouse, and Ross. The property enjoys a prominent location along Valley Mall Parkway, a signalized intersection off State Route 285, a major thoroughfare with over 56,000… vehicles daily. The strong demographics of the area are highlighted by a population of over 75,000 within a five-mile radius, boasting a six-figure average household income of $108,307. The property is subject to a triple-net (NNN) ground lease with Olive Garden, a wholly-owned subsidiary of Darden Restaurants, one of the world's largest full-service restaurant companies. The current lease, commenced April 1, 2010, and recently extended, expires March 31, 2032, leaving 7.4 years remaining. Three five-year renewal options exist, each with a 10% rent increase. The asking price is $2,525,217, representing a 5.75% cap rate and a price per square foot of $336.38. The property's Net Operating Income (NOI) is $145,200, reflecting a 100% occupancy rate. Nearby retailers include Costco, Safeway, Grocery Outlet, Petco, Marshalls, Chase Bank, Fred Meyer, and Hobby Lobby, further enhancing the property's desirability and investment potential. This is a rare opportunity to acquire a well-established, high-performing asset in a thriving retail corridor.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,115 SF
- Lot area
- 0.58 ac
- Year built
- 2010
- Stories
- 1
- APN
- 3700002924
- Zoning
- 2
- Assessed value · 2023
- $1,690,300
- Annual tax · 2023
- $13,896
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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