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1112 E Main St, Othello, WA 99344

$1,520,069
: 9,300
SqFt

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List Price: $1,520,069
Days on Market: 53
Status: PENDING
MLS#: 26-2642
Living Area: 9,300
Lot Size (Acres): 0.83
Year Built: 2016

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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

Area: 14 - Out of County
Neighborhood: 14 - Out of County
Taxes: $8,488
Heating: Natural Gas
Water: Public
Sewer: Sewer