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Listed by Bill Almon, Jr Almon Commercial-Residential Real Estate
$1,520,069
Est. payment /mo
9,300 SqFt
Active
1112 E Main St Othello, WA 99344
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 9,300 sqft
Price per Sqft $163
MLS Listing ID 26-2642
Year Built 2016
Annual Tax Amount $8,488
Tax Year 2026
Property Sub-Type Commercial Property
Land Area 9300
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.
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.
Location
State WA
Area 14 - Out Of County
Zoning C - Commercial
Direction Located at 1112 E Main St, Othello
Interior
Heating Natural Gas
Heat Source Gas
Exterior
Roof Type Built-Up
Building
Sewer Connected
Water Public
Others
Tax ID 1529030715602
Nearby Locations
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