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1410 Plaza Way
Walla Walla, WA 99362
Starbucks Strip · Retail Property For Sale
Investment Highlights
- ??????????????20+ Year Operating History – Over two decades at this location, ranking in the top 28% of WA Starbucks (Placer.ai)
- Drive-Thru with Ample Parking – 23 parking stalls (~8 per 1,000 SF), exceeding typical QSR standards
- Core Retail Positioning – Located in Walla Walla’s primary retail corridor with established traffic
- High-Visibility Roundabout Location – Prominent frontage at a roundabout serving Hwy 125, Plaza Way, and S 9th Ave
- Only Drive-Thru in Market – Sole drive-thru Starbucks in Walla Walla; next closest is 35 miles away
- Daily-Needs Tenancy – Service-oriented use resistant to e-commerce disruption
Executive Summary
The Offering presents the opportunity to acquire a two-tenant retail property located in the heart of Walla Walla, Washington, occupied by Starbucks since its construction in 2004. Situated at the highly visible roundabout intersection fed by Highway 125, Plaza Way, and S 9th Avenue, the Property provides strong frontage, access, and exposure along Walla Walla’s primary retail corridor. The site benefits from 23 on-site parking stalls or nearly 8 spaces per 1,000 SF, well above typical QSR standards. Together with the drive-thru layout, the site supports high-volume sales while maintaining ease of customer experience. The next closest drive-thru Starbucks is approximately 35 miles away in Pendleton, OR.
The Property is also occupied by Solutions In-Home Care, a locally owned, nurse-led home healthcare provider serving the growing senior population in the Walla Walla region. The tenants provide a complementary mix of daily-needs, service-oriented uses that are insulated from e-commerce disruption and supported by durable demographic trends. The Property’s established operating history and location within Walla Walla’s primary retail sector support long-term stability.
The Property is also occupied by Solutions In-Home Care, a locally owned, nurse-led home healthcare provider serving the growing senior population in the Walla Walla region. The tenants provide a complementary mix of daily-needs, service-oriented uses that are insulated from e-commerce disruption and supported by durable demographic trends. The Property’s established operating history and location within Walla Walla’s primary retail sector support long-term stability.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,964 SF
Building Class
B
Year Built
2004
Price
$1,449,494 CAD
Price Per SF
$489.03 CAD
Cap Rate
6.55%
NOI
$94,907 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.53 AC
Zoning
Highway Commercial
Frontage
1,000’ on Plaza Way
Property Taxes
| Parcel Number | 360730440004 | Improvements Assessment | $1,411,945 CAD |
| Land Assessment | $411,242 CAD | Total Assessment | $1,823,187 CAD |
Property Taxes
Parcel Number
360730440004
Land Assessment
$411,242 CAD
Improvements Assessment
$1,411,945 CAD
Total Assessment
$1,823,187 CAD
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