$1,300,000
Toppenish, WA 98948
MLS# 26-1454
2748 sqft
1 / 42
Property Description
Exceptional investment opportunity to acquire a fully renovated, turnkey Dairy Queen Grill & Chill in the heart of downtown Toppenish. Situated on a 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- generates $91,200 in annual rental income, reflecting a 7.0% cap rate. The lease term runs from May 2026 through April 2046 and includes 10% rent increases every five years, providing stable, growing cash flow and a truly passive long-term investment opportunity.
Details
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Documents
Contract Information
Current Price: $1,300,000
MLS Service Begin Date: 2026-05-18
Status: Active
List Price: $1,300,000
List Pr Description: Total List Price
Sub Type: Commercial Property
Seller Disclosure: No
General Property Description
Year Built: 1976
Total Apx SF: 2748
Total Approx Lot SF: 24059
Total Space Avail SF: 2748
List Price Per SqFt: 473.07
Acreage M/L: 0.55
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Retail
Detail Use: Restaurant
Location, Tax & Legal
Area (with SubArea): 13K - Toppenish
House Number: 401
Street Dir: W
Street Name: 1st
Street Suffix: Ave
State/Province: WA
Zip Code: 98948
Status Change Info
Fallthrough Date: 2026-08-03
Status Change Date: 2026-08-04
Property Information
Cap Rate %: 7
Property Features
Air Conditioning: Central Air
Basement: Finished
Construction Style: Frame
Crops: None
Domestic Water: Public Water
Floor Coverings: Tile; Vinyl
Foundation: Slab
Heat: Gas
Irrigation: No
Lot Size: .26 - .50 Acres
Roof: Built-Up
Sewage System: Connected
Siding: Brick
Sq Ft Source: County Assessor
Terms: Cash; Conventional
Zoning: B2 - Local Business
Legal Description 
Listing Office: John L Scott Yakima
Last Updated: August - 04 - 2026
Property profiling information contained herein is believed to be accurate, but may contain approximations or estimates where appropriate. The information contained herein is not guaranteed. This information is provided for the sole use and benefit of those authorized to access Yakima Association of Realtors® ('YAR') Multiple Listing Service ('MLS') information, and may not be reproducerepresened to third parties as information produced, warranted, or represented by YAR or MLS to be guaranteed.