USAWAToppenish401 W 1St Ave
401 W 1st Ave009 | Image 1
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$1,953,966

401 W 1 St Ave, Toppenish, WA

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Property
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $15,990
Days Active 10
Approx. Age 1976
MLS® Number 25-2147

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is an exceptional investment opportunity to acquire a fully renovated, turnkey Dairy Queen Grill & Chill in the heart of downtown Toppenish, WA. Situated on a prominent 0.55 acre corner lot with dual frontage on W 1st Avenue and Madison Avenue, the 2, 748 SF freestanding building benefits from high visibility and consistent traffic. The absolute NNN lease - with zero landlord responsibilities - commenced in December 2021 and delivers approximately $117, 237 in annual rent, with a 6% cap rate and has 16 years remaining on the initial term. Built-in 7.5% rent escalation every five years and four 5-year renewal options provide dependable, growing cash flow. This asset presents a rare, stable, and truly passive long-term investment.Show Description
MLS® Number25-2147
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1976
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas
A/CCentral Air
Heating Fuel

Extras

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