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3704 Fruitvale Blvd
Yakima, WA 98902

Denny's New Building New 20 Yr. NNN Lease · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,970 SF
Building Class
C
Year Built
2018
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.83 AC
Zoning
SCC
Frontage
75 ft on Fruitvale Blvd

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage

About 3704 Fruitvale Blvd , Yakima, WA 98902

This is an opportunity to own a brand new Denny's property in Tax Free Washington State. This Denny’s property is 3,970 Square Feet and located on .83 Acres. The property is strategically located 1/4 mile from State Route 12 on Fruitvale Boulevard adjacent to Fred Meyer, Bi-Mart and McDonald's, on an outparcel to Comfort Suites. The Seller will execute a brand new 20 Year Absolute NNN lease providing the purchaser with a full 20 Year term. The lease will provide for rent increases every 5 years of 8.5%. The increases will continue through the 4 - 5 Year options. AWashington, LLC (Tenant) is a successful Denny's operator with 20 locations and plans to continue its growth throughout the state of Washington. All 20 locations are guaranteeing the lease. Denny’s is America’s largest full service family-style restaurant chain. The Denny’s brand consists of over 1,600 restaurants in 49 states. Denny’s restaurants are open 24 hours a day 7 days a week. This “always open” operating platform is a distinct competitive advantage. Denny’s provides high quality menu offering, generous portions at reasonable prices with friendly and efficient service in a pleasant atmosphere. About Yakima Wine Country: Home to over 120 wineries and five American Viticulture Areas (AVA’s) in just 70 short miles, the Yakima Valley contains more than 17,000 acres of producing vineyards, and proudly produces over half of Washington State’s wine grapes. The trend for quality wine production started by a few home winemakers and visionary farmers has become a respected and influential $3 billion plus industry. Washington wine is available in 50 states and more than 40 countries globally. Washington ranks second nationally for premium wine production and more than 40,000 acres (16,187 hectares) are planted to vinifera grapes. About Yakima: The Yakima Valley, located in South central Washington, is known for the quality and quantity of its agricultural crops and products, blue sky and affordable housing. Take advantage of Yakima’s affordable housing, time-saving commutes, skilled business community and knowledgeable civic leaders and discover Yakima’s beauty, quality and diversity in its people, landscape and products. Agriculture is the dominating influence in Yakima, a city located at the eastern base of the Cascade Range. Good soil, sunny days, and irrigation from the Yakima River support the area’s many orchards, which produce apples, pears, peaches, and other fruits. The city has a plain small-town character, although a large Hispanic population attracted by farm labor adds a hint of cultural diversity. Yakima, located in a small east-west valley, resides in an area of complex topography with a number of minor valleys and ridges rising as much as 1,000 feet. There are marked variations in temperature and winds within short distances. The valley is mostly farm and orchard land while surrounding hills are dry and grass-covered. The valley climate is relatively mild and dry. It has characteristics of both maritime and continental climates modified by nearby mountains. Summers are dry and hot; afternoons can reach 100 deg. F, but the dry air reduces the impact and leads to cool evenings usually in the 50’s. Summer inversions can trap air in the valley, creating poor air quality. The maritime influence is strongest in winter, which is cloudy and cool with only light snowfall. Below-zero temperatures may occur. Most precipitation arrives in fall and winter. First freeze is early November, last is late March.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
181315-12007
Land Assessment
£294,797
Improvements Assessment
£1,468,273
Total Assessment
£1,763,070
  • Listing ID: 12142164

  • Date on Market: 04/04/2018

  • Last Updated:

  • Address: 3704 Fruitvale Blvd, Yakima, WA 98902

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