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0 Baths
2,748 sqft

$1,300,000

401 W 1st Ave, Toppenish WA, 98948

Price per sqft$473.07
Built in1976
Property size2,748 sqft
Property typeOther

Overview

Active

Listed Aug 4, 2026

Updated Sep 8

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.

$8,649/mo

Est. mortgage payment based on a $1,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$13,360
Tax Frequency
Annually
MLS provider logo

Listed by Mike Abrams with John L Scott Yakima
Listing Contact: [email protected] 

The IDX display contains information sourced from the Yakima Association of REALTORS® as of 9/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Yakima Association of REALTORS® all rights reserved.

Data last updated on 9/8/2026 at 9:23 PM UTC

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