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841 W 1st Ave 8,640 SF 100% Leased Retail Building Toppenish, WA 98948 $1,838,215 CAD ($212.76 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$205,676
|
$23.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$10,284
|
$1.19
|
| Effective Gross Income |
$195,393
|
$22.61
|
| Taxes |
$15,705
|
$1.82
|
| Operating Expenses |
$29,066
|
$3.36
|
| Total Expenses |
$44,771
|
$5.18
|
| Net Operating Income |
$150,622
|
$17.43
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $205,676 |
| Annual Per SF | $23.81 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,284 |
| Annual Per SF | $1.19 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $195,393 |
| Annual Per SF | $22.61 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,705 |
| Annual Per SF | $1.82 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $29,066 |
| Annual Per SF | $3.36 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $44,771 |
| Annual Per SF | $5.18 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $150,622 |
| Annual Per SF | $17.43 |
Property Facts
Amenities
- Fenced Lot
- Freeway Visibility
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Information
- -
- -
- -
Cricket Wireless began in 1999 as a prepaid wireless brand and later became part of AT&T after AT&T acquired Leap Wireless International. The company offers prepaid mobile plans, smartphones, and related wireless services, with support for online account management, billing, activation, and device help. Cricket Wireless serves customers through store locations and online sales, and its offerings include no-contract plans, 5G access, hotspot data on select plans, and device protection options. The company remains focused on straightforward wireless service for U.S. customers across a broad national footprint.
- Heitzman Insurance Services
- Finance and Insurance
- -
- -
- -
- Melissa's Tacos
- Accommodation and Food Services
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
Progressive began in 1937 when two Cleveland attorneys founded the business to serve vehicle owners with affordable insurance. The company grew from an auto-focused insurer into a broad insurance provider with personal lines, commercial auto, and other indemnity offerings, along with products such as motorcycle, boat, RV, home, life, pet, and business coverage. Progressive supports policy management, claims reporting, and digital quoting through online and mobile channels, giving the company a strong national presence in insurance and related financial services.
- 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 | $1,884,246 CAD (2026) |
| Land Assessment | $211,289 CAD (2026) | Annual Taxes | $15,705 CAD ($1.82 CAD/SF) |
| Improvements Assessment | $1,672,957 CAD (2026) | Tax Year | 2025 |
Property Taxes
Presented by
841 W 1st Ave
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