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Dollar Tree Center

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Dollar Tree Center

1200 1214 NW 6th St, Grants Pass, OR 97526
Retail For Sale Available Built 1956 1 floors Zoning: GC
Asking Price
$1,750,000
Total Building16,535 SF
Available16,535 SF avail
Land59,043 SF land
ConstructionMasonry
MarketNot Assigned
CountyJosephine

Read Overview
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Overview

Property ID
300676
Listing ID
704319
Type
Retail
Asset Class
Retail
Zoning
GC

Description

We have been selected exclusively to market for sale Dollar Tree Center, a high-yield two-tenant NNN retail strip located Grants Pass, OR (Medford, OR MSA). The opportunity offers investors a highly attractive 14.07% cash-on-cash return in their first year of ownership. Additionally, Grants Pass retail market rents have increased more than 9.2% over the past three years, per CoStar, offering an investor long-term upside throughout their ownership. Both Dollar Tree and A-1 Market operate on NNN leases, reimbursing the Landlord for their pro-rata share of CAM expenses, insurance, and property taxes. Dollar Tree has been operating at this location since 2001, and exercised a 5-year option in 2022, demonstrating strong commitment to the site. The lease is corporately guaranteed by Dollar Tree,

Listing Courtesy of:

CB
Clayton Brown
Marcus & Millichap, Inc.
401 Union Street, 32nd fl,
Seattle, WA 98101
State: OR City: Grants Pass ZIP: 97526 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.