1200 - 1214NW 6th St
Grants Pass OR 97526

Dollar Tree Center

1200 - 1214NW 6th St Grants Pass OR 97526

Listing #: 683592 | Status: Available | Last Modified: 9/16/2024 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,093,000.0
  • $/SF$ 126.6
  • Listing StatusAvailable
  • Days on Market87
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units0
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF16535
  • Net Rentable Area16535
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF59043
  • Acres1.36
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyJosephine
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #R307960
  • Additional ParcelsR307961, R307963
  • ZoningGC
Construction
  • Year Built1956
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeMasonry

NNN Dollar Tree Center

Public Comments

We have been selected exclusively to market for sale the Dollar Tree Center, a 2 tenant NNN retail strip located in the rapidly growing Grants Pass/Medford MSA. Both Dollar Tree and A-1 Market have recently extended their leases for another 5 years in their respective spaces. Dollar Tree has been operating at this location since 2001, demonstrating strong historical occupancy at the Property. A-1 Market recently exercised into their first 5-year option at a rental rate 17% higher than their previous rate, with 2 more options to extend. Both leases offer rent escalations through their terms, providing an investor a long-term hedge against inflation. Dollar Tree features 10% rent increases every 5 years, and A-1 Market features 1% annual increases. Both tenants operate on NNN leases, reimbur

Listing Images