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Listed by Joel Pearl • Pearl Realty, LLC
$ 3,065,967
Est. payment | /mo
1.43 Acres Lot
$ 3,065,967
Est. payment | /mo
1.43 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202527073
Year Built 2025
Lot Size 1.430 Acres
Lot Dimensions 1.43
Property Sub-Type Commercial
Property Description
Rare opportunity to acquire a true absolute NNN Dollar General with 14+ years of guaranteed lease term remaining, providing $190,090 in annual net income at a 6.2% cap rate. Designed for 100% passive ownership, the lease places all operating expenses and capital responsibilities—including taxes, insurance, maintenance, roof, structure, and parking lot—entirely on the tenant. Located at 6003 Highway 291, Nine Mile Falls, WA, the 10,566 SF freestanding building sits on 1.43 acres with direct access and visibility from Highway 291. The site benefits from convenient ingress/egress and strong daily traffic exposure in a growing Spokane-area trade corridor. Dollar General has executed a 15-year absolute NNN lease with five (5) additional 5-year renewal options, delivering exceptional long-term security. The lease includes 5% rental increases every five years, providing built-in inflation protection and predictable income growth. The lease is corporately guaranteed by Dollar General Corporation.
Location
State WA
County Stevens
Rooms
Basement None
Interior
Heating Forced Air
Exterior
View Y/N true
Roof Type Metal
Building
Story 1
Structure Type Steel Frame
Schools
School District Nine Mile Falls
Others
Acceptable Financing Conventional, Cash, Exchange
Listing Terms Conventional, Cash, Exchange
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