LISTING DETAILS

81 Columbia Point Drive

81 Columbia Point Dr Richland WA 99352

Listing #: 687098 | Status: Available | Last Modified: 10/30/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building SF25,500 SF
Net Rentable Area0 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF86,249 SF
Acres1.98
Year Built2004
Construction TypeWood
Property Type
Property TypeRetail
Location
CountyBenton
Market AreaBenton County
Tax ID #113983BP2892009
ZoningC2

81 Columbia Point Dr

Public Comments

This Grocery-Anchored Dollar Tree NNN Investment offers a premier opportunity for investors seeking stable, long-term cash flow with minimal management responsibilities. Priced at $6,375,000, this 25k SF property provides an attractive 6.69% CAP rate and generates a net operating income (NOI) of $426,016 annually. The anchor tenant, Dollar Tree, occupies 19,966 SF and is a well-established, national credit tenant. Dollar Tree recently extended its lease for 8 additional years, through January 2032, with two 5-yearrenewal options that could extend their tenancy until 2042. There is a vacant 5k SF suite adjacent to Dollar Tree that is a former Mattress Suite and is listed for lease for $22.50/SF. NNN estimates are $3.75 and WinCo Grocery manages all of the Center's Common Area Maintenance. C

81 Columbia Point Drive
81 Columbia Point Dr Richland WA 99352

Listing #: 687098 | Status: Available | Listing Date: 9/19/2024 | Last Modified: 10/30/2024 | Email Listing

For Sale

81 Columbia Point Drive

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