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841 W 1st Ave 8,640 SF 100% Leased Retail Building Toppenish, WA 98948 $1,299,000 ($150.35/SF) 8.22% Cap Rate
Investment Highlights
- High Visibility with Onsite Parking
- Attractive, fully-leased investment opportunity
- High Vehicles per Day Count
- Ideal mix of long-standing tenants and new leases, showing attractiveness to tenants
Executive Summary
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$145,344
|
$16.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,267
|
$0.84
|
| Effective Gross Income |
$138,077
|
$15.98
|
| Taxes |
$11,098
|
$1.28
|
| Operating Expenses |
$20,540
|
$2.38
|
| Total Expenses |
$31,638
|
$3.66
|
| Net Operating Income |
$106,439
|
$12.32
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $145,344 |
| Annual Per SF | $16.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $7,267 |
| Annual Per SF | $0.84 |
| Effective Gross Income | |
|---|---|
| Annual | $138,077 |
| Annual Per SF | $15.98 |
| Taxes | |
|---|---|
| Annual | $11,098 |
| Annual Per SF | $1.28 |
| Operating Expenses | |
|---|---|
| Annual | $20,540 |
| Annual Per SF | $2.38 |
| Total Expenses | |
|---|---|
| Annual | $31,638 |
| Annual Per SF | $3.66 |
| Net Operating Income | |
|---|---|
| Annual | $106,439 |
| Annual Per SF | $12.32 |
Property Facts
Amenities
- Fenced Lot
- Freeway Visibility
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Information
- -
- -
- -
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
- Heitzman Insurance Services
- Finance and Insurance
- -
- -
- -
- Melissa's Tacos
- Accommodation and Food Services
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
From the day Progressive opened their doors, they've been a team of people who risk, learn, and grow together, in the name of progress. They come to work each day looking at everything through the lens of "How can we make this better?" Their name stands for forward motion and striving to do better. Just as they’re committed to bringing their name to life each day, they celebrate their employees for bringing their true selves to work in every way. Since their founding in 1937, they’ve always felt differently about what they do and how they do it. The vision is to become consumers’ and agents’ no. 1 choice and destination for auto and other insurance and requires a forward-thinking approach to everything they do.
- Topp Gun & Pawn
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Information | - | - | - | ||
| Heitzman Insurance Services | Finance and Insurance | - | - | - | ||
| Melissa's Tacos | Accommodation and Food Services | - | - | - | ||
|
|
Finance and Insurance | - | - | - | ||
| Topp Gun & Pawn | Finance and Insurance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 201004-34017 | Total Assessment | $1,384,450 |
| Land Assessment | $150,950 | Annual Taxes | $11,098 ($1.28/SF) |
| Improvements Assessment | $1,233,500 | Tax Year | 2025 |
Property Taxes
Presented by
841 W 1st Ave
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