For Sale $6,375,000
Property Type Retail - Strip
Property Size 25,000 SF
Units 2
Lot Size 1.98 Acre
Additional Rent Contact for pricing
Building Class B
Year Built 2004
Date Updated Sep 23, 2024

From George Washington Way turn right onto Columbia Point Dr. Property is on the right hand side.This Grocery-Anchored Dollar Tree NNN Investment offers a premier opportunity for investors seeking stable, long-term cash flow with minimal management responsibilities. Priced at $6,375,000, this 25k SF property provides an attractive 6.69% CAP rate and generates a net operating income (NOI) of $426,016 annually. The anchor tenant, Dollar Tree, occupies 19,966 SF and is a well-established, national credit tenant. Dollar Tree recently extended its lease for 8 additional years, through January 2032, with two 5-yearrenewal options that could extend their tenancy until 2042. There is a vacant 5k SF suite adjacent to Dollar Tree that is a former Mattress Suite and is listed for lease for $22.50/SF. NNN estimates are $3.75 and WinCo Grocery manages all of the Center's Common Area Maintenance. Call LA to discuss more and NDA for Full OM.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Derrick Stricker CCIM SIOR

StrickerCRE

Location

Getting Around

Walk Score ®
49/100 Car-Dependent
Transit Score ®
35/100 Some Transit
Bike Score ®
53/100 Bikeable

Map
Street

City Richland, WA
Neighborhood Richland
Zip Code 99352
Market Tri Cities

Points of Interest

Shell

1.74 miles
Exxon

1.99 miles
Chevron

2.06 miles
Shell

2.07 miles
Circle K

2.18 miles
7-Eleven

2.31 miles
Shell

2.60 miles
Maverik

2.70 miles
Chevron

2.78 miles
Costco Gasoline

2.86 miles

Chamna East

0.42 miles
Lewis and Clark Elementary School Parking Lot

0.82 miles
Chamna

0.84 miles
Chamna West

1.11 miles
Yakima Delta

1.30 miles
Tulip Lane Park & Ride

1.81 miles
Park and Ride

2.15 miles
Badger Mtn East

2.57 miles
Columbia Park West Marina

2.75 miles
Ben-Franklin Transit Park & Ride Lot

2.92 miles

Bento Teriaki Grill

0.04 miles
Jack in the Box

0.12 miles
Applebee's

0.15 miles
Anthony's at Columbia point

0.68 miles
LuLu Craft Bar + Kitchen

0.72 miles
Three Margaritas

0.97 miles
Baan Khun Ya (BKY) Thai

0.98 miles
McDonald's

0.99 miles
Apollo Greek Restraunt

0.99 miles
Zip's Drive-in

1.08 miles

WinCo Foods

0.04 miles
Fred Meyer

1.05 miles
Asian Market and Lotus Snackbar

1.81 miles
Yoke's Fresh Market

1.88 miles
Leyte Oriental Store

2.04 miles
Walmart Supercenter

2.10 miles
Target

2.32 miles
Grocery Outlet

2.43 miles
Big Lots

2.56 miles
Highland Organic Market

2.60 miles

Frequently Asked Questions

How much does Grocery Anchored Dollar Tree NNN cost?

The space currently listed for sale at Grocery Anchored Dollar Tree NNN asks for $6,375,000.

What is the total square footage of Grocery Anchored Dollar Tree NNN?

Grocery Anchored Dollar Tree NNN totals 25,000 square feet.

When was this property built?

Grocery Anchored Dollar Tree NNN was built in 2004.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.