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401 W 1st Ave, Toppenish, WA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,953,966

000

MLS® 25-2147

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $15,990
Days Active 87
Approx. Age 1976
MLS® Number 25-2147

Property Address: 401 W 1st Ave, Toppenish, WA, 98948-1529

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.
MLS® Number25-2147
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1976
Stories
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 1, 2025List Date
$1,953,966List Price
  • Commute

Commute

Starting Address
Destination Address
401 W 1 St Ave, Toppenish, WA

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