Richland, WA 99352
MLS #279059. 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-year renewal options that could extend their tenancy until 2042. There i...
Listing Courtesy of StrickerCRE
MLS# 279059 — Listing information is deemed reliable but not guaranteed. All measurements and square footage are approximate.
Interested in 81 Columbia Point Dr? Fill out the form below and an agent will be in touch.