Prepared by https://www.commercialmls.com
1200 - 1214NW 6th St Grants Pass OR 97526
Listing #: 683592 | Status: Available | Last Modified: 9/16/2024
Showing Instructions | |
---|---|
Call Listing Agent | No |
Use Discretion | No |
Detail Listing Information | |
---|---|
Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
---|---|
Signage | Signage on Building and Freestanding |
Retail Asset Class Info | |
---|---|
Crane Tonnage | 0 |
Building Information | |
---|---|
Building Status | Existing |
# of Buildings | 1 |
# of Floors | 1 |
# of Units | 0 |
Total Building SF | 16,535 SF |
Net Rentable Area | 16,535 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 59,043 SF |
Acres | 1.36 |
Year Built | 1956 |
Construction Type | Masonry |
Property Type | |
---|---|
Property Type | Retail |
Location | |
---|---|
County | Josephine |
Market Area | Not Assigned |
Tax ID # | R307960 |
Zoning | GC |
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
Dollar Tree Center
1200 - 1214NW 6th St Grants Pass OR 97526
Listing #: 683592 | Status: Available | Listing Date: 7/1/2024 | Last Modified: 9/16/2024 | Email Listing