1112 E Main St, Othello, WA 99344
Courtesy of Almon Commercial-Residential Real Estate
- $1,520,069
- 9,300
- SqFt
- List Price
- $1,520,069
- Status
- ACTIVE
- Days on Market
- 20
- MLS#
- 26-2642
- Subtype
- Comm/Industrial
- Year Built
- 2016
- Living Area
- 9,300
- Acres
- 0.83
- Neighborhood
- 14 - Out of County
- MLS Area Major
- 14 - Out of County
Property Description
THIS OFFERING is for the opportunity to purchase a single-tenant NN corporate leased Dollar Tree at what is currently the highest advertised capitalization rate for any Dollar Tree being marketed in the Pacific Northwest. Originally built-to-suit for Dollar Tree on a 10-year term who recently exercised their first renewal option through March 31, 2032, the property is located on Othello's primary commercial arterial and is within an established value/grocery retail submarket area providing the synergy Dollar Tree thrives on via a Walmart Supercenter nearby and Harvest Foods grocer across the street. This is a busy and vibrant store servicing the type of tertiary market Dollar Tree excels in.
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Additional Information
- Taxes
- $8,488
- Heating
- Natural Gas