Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Dollar General 6003 Highway 291 10,566 SF Retail Building Nine Mile Falls, WA 99026 $3,065,967 ($290.17/SF) 6.20% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strong National Tenant | High-visibility location with direct access to Hwy 291 (AADT: 8,598)
  • 15-year initial lease term with zero landlord responsibilities | Five (5), 5-year renewal options
  • Provides passive, inflation-hedged income | Long-term, stable cash flow
  • Absolute NNN Lease | Offered at a 6.2% cap rate
  • 5% rent increases every 5 years, offering built-in income growth | Positioned within the growing Spokane MSA, just 15 miles from downtown Spokane
  • 10,566 SF building on 1.43 acres | Prime Real Estate

EXECUTIVE SUMMARY

Offered at a 6.2% cap rate, this asset provides investors with a passive, inflation-hedged income stream backed by a nationally recognized retailer. The Dollar General store at 6003 Highway 291 in Nine Mile Falls, WA features a 10,566 SF building on 1.43 acres in a high-visibility location with direct access from Hwy 291 (AADT 8,598). Dollar General has executed a 15-year absolute NNN lease with five, 5-year renewal options and 5% rental increases every 5 years, offering secure, long-term cash flow with zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with a BBB rating from S&P and Baa2 from Moody’s. Situated within the Spokane MSA, Nine Mile Falls is just 15 miles from downtown Spokane, combining strong demographics with stable tenancy.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2025
Price
$3,065,967
Price Per SF
$290.17
Cap Rate
6.20%
NOI
$190,092
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.43 AC
Zoning
Commercial
Parking
34 Spaces (3.22 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Signage
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0859701
Land Assessment
$93,750
Improvements Assessment
$19,000
Total Assessment
$112,750
  • Listing ID: 38555516

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 6003 Highway 291, Nine Mile Falls, WA 99026

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}