$3,041,440

6003 WA-291 Hwy, Nine Mile Falls, WA 99026

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon1.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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. Offered at a 6.25% cap rate, this asset provides investors with a passive, inflation-hedged income stream backed by a nationally recognized retailer.

Listing Status:
Active
Listing Office:
Joel Pearl Group : 208-762-5500
Listing Agent:
Joel Pearl : 208-762-5500
MLS ID:
202522639
  • Basement: None
  • Heating: Forced Air

This listing courtesy of Joel Pearl, Joel Pearl Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lake Spokane Elementary School

6015 Highway 291, Nine Mile Falls, WA, 99026

Grades PK-5

0.18 miles away

L

Lakeside Middle School

6169 Highway 291, Nine Mile Falls, WA, 99026

Grades 6-8

1.24 miles away

R

Re-Engagement School (Nine Mile Falls)

5909 Highway 291, Nine Mile Falls, WA, 99026

Grades 9-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.