Dollar Tree Center NNN Property For Sale — Grants Pass, OR
1200 6th St, Grants Pass, OR 97526
This two-tenant NNN retail center, anchored by Dollar Tree and A-1 Market, is strategically located in the thriving Grants Pass/Medford MSA. Both tenants have recently extended their leases for an additional five years, demonstrating strong commitment to this established location. Dollar Tree has a long operating history at this site since 2001. Dollar Tree features 10% rent increases every five years, and A-1 Market has 1% annual increases. Both tenants operate on NNN leases, minimizing landlord responsibilities. Dollar Tree is a publicly-traded company (NYSE:DLTR) and a Fortune 500 company with over 16,500 stores nationwide, providing a strong corporate guarantee. A-1 Market is a successful regional convenience store chain with 10 locations in Southern Oregon. The property was renovated…
- Address: 1200 6th St, Grants Pass, OR 97526
- Asking price $1.80M
- 9.17% cap rate
- NOI $165,060
- 2 years remaining
- NNN lease
- Year built: 1956
- Building size: 16,535 SF
- Lot size: 0.92 acres
- Lease expiration: Aug 31, 2028
- Rent increases: May-2027; Sep-2025
- Guarantor: Corporate
Location
This Dollar Tree Center property is at 1200 6th St in Grants Pass, Oregon.
Asset type: NNN