Log In/Sign Up
Your email has been sent.
Dollar General 412 Highway 101 N 9,026 SF Retail Building Rockaway Beach, OR 97136 $1,911,771 ($211.81/SF) 7% Cap Rate

Investment Highlights
- Single-tenant Dollar General absolute net lease investment
- Absolute NNN lease – zero landlord responsibilities
- BBB credit-rated tenant with corporate guarantee
Executive Summary
Marcus & Millichap is pleased to exclusively present the opportunity to acquire the fee-simple interest in a single-tenant Dollar General located at 412 US-101,
Rockaway Beach, Oregon 97136. The property is leased to Dollar General Corporation, a BBB credit-rated tenant, offering investors secure, long-term income
backed by a nationally recognized, necessity-based retailer.
The freestanding retail building was constructed in 2018 and is subject to an absolute triple-net (NNN) lease with a corporate guarantee, providing passive
ownership with zero landlord responsibilities. The lease commenced on March 26, 2018, and expires on March 31, 2033, offering approximately 7+ years of
remaining primary term.
The lease features 10 percent rent increases and includes three (3), five-year renewal options, providing strong contractual rent growth and long-term residual
value. Dollar General’s business model focuses on value-oriented consumers and essential goods, making it a historically recession-resistant retailer well
positioned across economic cycles.
This offering represents an opportunity to acquire a modern, credit-tenant net lease asset in a coastal Oregon market with predictable cash flow, built-in rent
escalations, and long-term lease security.
Rockaway Beach, Oregon 97136. The property is leased to Dollar General Corporation, a BBB credit-rated tenant, offering investors secure, long-term income
backed by a nationally recognized, necessity-based retailer.
The freestanding retail building was constructed in 2018 and is subject to an absolute triple-net (NNN) lease with a corporate guarantee, providing passive
ownership with zero landlord responsibilities. The lease commenced on March 26, 2018, and expires on March 31, 2033, offering approximately 7+ years of
remaining primary term.
The lease features 10 percent rent increases and includes three (3), five-year renewal options, providing strong contractual rent growth and long-term residual
value. Dollar General’s business model focuses on value-oriented consumers and essential goods, making it a historically recession-resistant retailer well
positioned across economic cycles.
This offering represents an opportunity to acquire a modern, credit-tenant net lease asset in a coastal Oregon market with predictable cash flow, built-in rent
escalations, and long-term lease security.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2018
Price
$1,911,771
Price Per SF
$211.81
Cap Rate
7%
NOI
$133,824
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Property Taxes
| Parcel Number | R0033261 | Improvements Assessment | $1,514,210 |
| Land Assessment | $337,340 | Total Assessment | $1,851,550 |
Property Taxes
Parcel Number
R0033261
Land Assessment
$337,340
Improvements Assessment
$1,514,210
Total Assessment
$1,851,550
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar General | 412 Highway 101 N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
