Dollar Tree NNN Property For Sale — Richland, WA
81 Columbia Point Dr, Richland, WA 99352
This investment opportunity features a Dollar Tree-anchored retail property, offering stable, long-term cash flow with minimal management. The property boasts a competitive cap rate and significant net operating income. Dollar Tree, a national credit tenant, recently extended its lease for an additional 8 years, with options to extend further until 2042. There is also a vacant 5,000 SF suite, formerly a mattress store, presenting an opportunity for additional income.
- Address: 81 Columbia Point Dr, Richland, WA 99352
- Asking price $6.38M
- 6.69% cap rate
- NOI $426,016
- 5.4 years remaining
- NNN lease
- Year built: 2004
- Building size: 25,000 SF
- Lot size: 1.98 acres
- Lease expiration: Jan 31, 2032
- Rent increases: Two 5-year renewal options
- Guarantor: Corporate
Location
This Dollar Tree property is at 81 Columbia Point Dr in Richland, Washington.
Asset type: Retail - Strip