This Retail Property is no longer advertised on LoopNet.com.

211 W B St
Rainier, OR 97048
Dollar General · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.64 AC
Zoning
CBD
Parking
102 Spaces (10 Spaces per 1,000 SF Leased)

About 211 W B ST , RAINIER, OR 97048

• Brand New Construction, High Quality Assets – Grocery Outlet and Dollar General are part of a brand-new, two-tenant retail development – Available Together or Separately » Dollar General Separately – Dollar General is for sale at $2,183,808 at a 6.25% cap rate – 15-year NNN lease with 3, 5-year options to renew • Long-Term Corporate NNN Leases – 100% Leased STNL Investments » Dollar General Corporation (NYSE: DG) generated over $24 billion in revenue and has an S&P investment-grade credit rating of BBB. With over 15,000 stores in 45 states, Dollar General is America’s largest small-box discount retailer. • Convenient, “Main Street” Location – Grocery Outlet and Dollar General are ideally situated in the geographic center of Rainier along the primary street, West B Street • Supply Constrained Trade Area – This is an excellent location due to the complete void of grocer, discount and convenience options in the trade area and the surrounding demographics which continue to improve • Strategic and Synergistic Development – Grocery Outlet and Dollar General target communities that are underserved – this strategic location for both retailers provides a synergistic and convenient “one stop shop” for customers who would otherwise have to travel to Longview to shop • Low Management/Low Hassle – Long-term, single-tenant NNN leases providing minimal landlord oversight or responsibilities

Property Taxes

Property Taxes

Parcel Number
0391072160420170000
Land Assessment
$724,640
Improvements Assessment
$2,022,200
Total Assessment
$2,746,840
  • Listing ID: 14018577

  • Date on Market: 10/9/2018

  • Last Updated:

  • Address: 211 W B St, Rainier, OR 97048

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