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81 Columbia Point Dr Richland WA 99352
Listing #: 687098 | Status: Available | Last Modified: 10/30/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Retail Asset Class Info | |
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Crane Tonnage | 0 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 1 |
Total Building SF | 25,500 SF |
Net Rentable Area | 0 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 86,249 SF |
Acres | 1.98 |
Year Built | 2004 |
Construction Type | Wood |
Property Type | |
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Property Type | Retail |
Location | |
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County | Benton |
Market Area | Benton County |
Tax ID # | 113983BP2892009 |
Zoning | C2 |
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