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,