1112 E Main St
Othello, WA 99344

$1,520,069 USD

Freestanding For Sale • 9,300 SF

Property Details

Property Type Freestanding
Total Building Size 9,300 SF
Lot Size 0.83 AC
Building Class B
Year Built 2016
Tenancy Single
Zoning C-2

10 Transit Score

50 Walk Score

                
                    Highlights
                
                                Highest advertised cap rate of any Dollar Tree currently on the market in the Pacific Northwest.
                            
                                Corporate lease to Dollar Trees Stores, Inc.
                            
                                Below market rent at $11.85/SF, NN, and two renewal terms remaining.
                            
                                Originally built-to-suit for Dollar Tree in 2017 who recently exercised its first renewal option through March 31, 2032.
                            
                                Landlord is responsible for structural, roof, fire sprinkler system, parking lot, HVAC replacement, pylon sign and landscaping.  
                            
                                Advertised NOI is reflective of scheduled rent increase effective as of April 1, 2027.  Seller will make up any shortfall if closed prior to April 1.