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Restaurant

Dairy Queen

4807 E 4th Plain Blvd, Vancouver, WA 98661, Vancouver, WA 98661

Listing Price: $1,675,000

Cap Rate
6.50%
Tenant Name
Dairy Queen
Years Remaining On Lease
7.9
Guarantor
Franchisee Guarantee
Rentable SF
1,328
Lease Type
Absolute Net
Rent Per Square Feet
$82.00

Investment Overview

Dairy Queen in Vancouver, Washington is a 1,328-square-foot quick-service restaurant situated on a 0.33-acre parcel at a signalized corner along E Fourth Plain Boulevard, offering investors a well-located single-tenant net lease asset in one of the area’s established retail corridors. The location has over 70 years of operating history and features a drive-thru, demonstrating its longstanding presence within the surrounding community. Originally built in 1956 and extensively renovated in 2013, the property is secured by an Absolute NNN lease with minimal landlord responsibilities. The lease commenced in August 2014 with a 20-year primary term expiring in July 2034 and features 10% rent increases every five years along with four (4), five (5)-year renewal options, providing long-term income growth and stability. The property benefits from excellent visibility and accessibility near Vancouver Mall and is surrounded by a strong mix of national retailers including Target, Dutch Bros, Taco Bell, 7-Eleven, Dollar Tree, and many others. Nearby schools and established residential neighborhoods further support a consistent customer base and strong daily traffic.

Investment Highlights

  • The Absolute NNN lease offers minimal landlord responsibilities, with 10% rent increases every five years providing predictable long-term income growth.
  • Dairy Queen has operated at this location for over 70 years, demonstrating exceptional longevity and a strong, established presence in the Vancouver community.
  • The property sits at a signalized corner along E Fourth Plain Boulevard, offering strong visibility, convenient access, and a drive-thru within an established retail corridor.
  • Located near Vancouver Mall and major national retailers, the property benefits from nearby schools and established neighborhoods that support a consistent customer base.

Exclusively Listed By

Broker of Record

  • Joel Deis

    Senior Managing Director, Market Leader- Washington

    (206) 826-5700

    License(s) WA: 25469

    Washington

Listing Price: $1,675,000

Cap Rate
6.50%
Tenant Name
Dairy Queen
Years Remaining On Lease
7.9
Guarantor
Franchisee Guarantee
Rentable SF
1,328
Lease Type
Absolute Net
Rent Per Square Feet
$82.00

Investment Highlights

  • The Absolute NNN lease offers minimal landlord responsibilities, with 10% rent increases every five years providing predictable long-term income growth.
  • Dairy Queen has operated at this location for over 70 years, demonstrating exceptional longevity and a strong, established presence in the Vancouver community.
  • The property sits at a signalized corner along E Fourth Plain Boulevard, offering strong visibility, convenient access, and a drive-thru within an established retail corridor.
  • Located near Vancouver Mall and major national retailers, the property benefits from nearby schools and established neighborhoods that support a consistent customer base.

Investment Overview

Dairy Queen in Vancouver, Washington is a 1,328-square-foot quick-service restaurant situated on a 0.33-acre parcel at a signalized corner along E Fourth Plain Boulevard, offering investors a well-located single-tenant net lease asset in one of the area’s established retail corridors. The location has over 70 years of operating history and features a drive-thru, demonstrating its longstanding presence within the surrounding community. Originally built in 1956 and extensively renovated in 2013, the property is secured by an Absolute NNN lease with minimal landlord responsibilities. The lease commenced in August 2014 with a 20-year primary term expiring in July 2034 and features 10% rent increases every five years along with four (4), five (5)-year renewal options, providing long-term income growth and stability. The property benefits from excellent visibility and accessibility near Vancouver Mall and is surrounded by a strong mix of national retailers including Target, Dutch Bros, Taco Bell, 7-Eleven, Dollar Tree, and many others. Nearby schools and established residential neighborhoods further support a consistent customer base and strong daily traffic.

Exclusively Listed By

Broker of Record

  • Joel Deis

    Senior Managing Director, Market Leader- Washington

    (206) 826-5700

    License(s): WA: 25469

    Washington

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