Dollar General NNN Property For Sale — Nine Mile Falls, WA
6003 Highway 291, Nine Mile Falls, WA 99026
This newly constructed Dollar General store, scheduled for completion in February 2025, offers an exceptional net-leased investment opportunity. The property features a 10,566-square-foot building on a 1.43-acre lot. Dollar General operates on a 15-year absolute NNN lease, which includes 5% rental increases every five years throughout the base term and renewal options. The tenant is responsible for all property expenses, providing a secure, long-term cash flow with no landlord responsibilities. The lease is guaranteed by Dollar General Corporation (NYSE: DG), which holds a BBB rating from S&P and a Baa2 rating from Moody’s. Strategically located with high visibility and direct access off Highway 291, this property is in Nine Mile Falls, a growing suburb just 15 miles northwest of downtown…
- Address: 6003 Highway 291, Nine Mile Falls, WA 99026
- Asking price $3.42M
- 6.25% cap rate
- NOI $190,092
- 13.5 years remaining
- NNN lease
- Year built: 2025
- Building size: 10,566 SF
- Lot size: 1.43 acres
- Lease expiration: Feb 28, 2040
- Rent increases: 5% rental increases every 5 years
- Guarantor: Corporate
Location
This Dollar General property is at 6003 Highway 291 in Nine Mile Falls, Washington.
Asset type: Retail