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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

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

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Restaurant

Dairy Queen - 401 1st ave

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

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

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