Restaurant
Dairy Queen - 401 1st ave
401 W 1st Ave, Toppenish, WA 98948
Listing Price: $1,999,764
Cap Rate
5.50%
Tenant Name
Dairy Queen
Years Remaining On Lease
18.6
Guarantor
Franchisee Guarantee
Rentable SF
2,748
Lease Type
Absolute Net
Rent Per Square Feet
$40.03
Investment Overview
401 W 1st Ave, Toppenish, WA 98948
Dairy Queen - 401 1st ave
Investment Highlights
- Absolute-Net Lease (Zero Landlord Responsibilities): 18.5 Years Remaining with 7.5% Increases Every 5 Years, Including the Four, 5 Year Options to Extend.
- Limited Drive-Thru Fast Food Competition: Only Competitors Include McDonald's & Taco Bell.
- Very Strong Franchisee Guaranty: 11-Unit Guaranty by Experienced Operator: 35+ Years of Operating Experience Across Colorado, Oklahoma, Washington, Wyoming & Oregon.
- Across From Yakima Valley Farm Workers Clinic: Also know as "YVFW" which has 1,500 Staff (166 Medical Providers, 35 Dentist, & 18 Pharmacists) and 180,000 Patients annually.
- Strategic Retail Location: Frontage on West 1st Street which Oversees 10,000 Vehicles Per Day; Almost 45-Years of Operation at this Site Showing Strength of Location.
- Less Than 1.5 Miles from 7 Schools: (4) Elementary Schools, Toppenish Middle School, & Toppenish High School Totaling 3,728 Students.
- 1/2 Mile from Legends Casino Hotel: An 80,000 Square Foot Casino and Hotel that contains 1333 Slot Machines & 18 Gaming Tables.
Exclusively Listed By
Broker of Record
Listing Price: $1,999,764
Cap Rate
5.50%
Tenant Name
Dairy Queen
Years Remaining On Lease
18.6
Guarantor
Franchisee Guarantee
Rentable SF
2,748
Lease Type
Absolute Net
Rent Per Square Feet
$40.03
Investment Highlights
- Absolute-Net Lease (Zero Landlord Responsibilities): 18.5 Years Remaining with 7.5% Increases Every 5 Years, Including the Four, 5 Year Options to Extend.
- Limited Drive-Thru Fast Food Competition: Only Competitors Include McDonald's & Taco Bell.
- Very Strong Franchisee Guaranty: 11-Unit Guaranty by Experienced Operator: 35+ Years of Operating Experience Across Colorado, Oklahoma, Washington, Wyoming & Oregon.
- Across From Yakima Valley Farm Workers Clinic: Also know as "YVFW" which has 1,500 Staff (166 Medical Providers, 35 Dentist, & 18 Pharmacists) and 180,000 Patients annually.
- Strategic Retail Location: Frontage on West 1st Street which Oversees 10,000 Vehicles Per Day; Almost 45-Years of Operation at this Site Showing Strength of Location.
- Less Than 1.5 Miles from 7 Schools: (4) Elementary Schools, Toppenish Middle School, & Toppenish High School Totaling 3,728 Students.
- 1/2 Mile from Legends Casino Hotel: An 80,000 Square Foot Casino and Hotel that contains 1333 Slot Machines & 18 Gaming Tables.
Investment Overview
401 W 1st Ave, Toppenish, WA 98948
Exclusively Listed By
Broker of Record
