Grocery Anchored Dollar Tree NNN

For Sale

81 Columbia Point Dr, Richland, WA 99352

This Richland property for sale is located at 81 Columbia Point Dr. The general use of Grocery Anchored Dollar Tree NNN is retail and it incorporates 25,000 square feet of class B retail space. The current listed sale price for Grocery Anchored Dollar Tree NNN is $6,375,000. Grocery Anchored Dollar Tree NNN is situated on a lot that is 1.98 acre in size.

Contacts

broker

Derrick Stricker CCIM SIOR

StrickerCRE

Property Details

  • Property Type Retail - Strip
  • Property Size 25,000 SF
  • Units 2
  • Lot Size 1.98 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 2004
  • Date Updated Nov 13, 2024
From George Washington Way turn right onto Columbia Point Dr. Property is on the right hand side.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. Call LA to discuss more and NDA for Full OM.

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Getting around

  • 49/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 53/100

    Bike Score ®

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Location

  • City Richland, WA
  • Zip Code 99352
  • Market Tri Cities

Points of Interest

  • Pasco

    8.66 miles

  • Coleman Oil

    0.70 miles

  • Conoco

    0.81 miles

  • 76

    0.83 miles

  • Fred Meyer

    0.99 miles

  • Shell

    1.74 miles

  • Circle K

    1.99 miles

  • Chevron

    2.06 miles

  • enel x

    2.13 miles

  • Greenlots

    2.17 miles

  • 7-Eleven

    2.31 miles

  • Chamna East

    0.42 miles

  • Lewis and Clark Elementary School Parking Lot

    0.82 miles

  • Chamna

    0.84 miles

  • Chamna West

    1.11 miles

  • Yakima Delta

    1.30 miles

  • Tulip Lane Park & Ride

    1.81 miles

  • Park and Ride

    2.15 miles

  • Columbia Park West Marina

    2.75 miles

  • Ben-Franklin Transit Park & Ride Lot

    2.92 miles

  • Frisbee Golf Course

    3.50 miles

  • Bento Teriaki Grill

    0.04 miles

  • Jack in the Box

    0.12 miles

  • Applebee's

    0.15 miles

  • Anthony's at Columbia Point

    0.68 miles

  • LuLu Craft Bar + Kitchen

    0.72 miles

  • Graze

    0.88 miles

  • El Agave

    0.93 miles

  • Casa Mia

    0.94 miles

  • Three Margaritas

    0.97 miles

  • McDonald's

    0.99 miles

  • WinCo Foods

    0.04 miles

  • Fred Meyer

    1.05 miles

  • 450 Williams

    1.79 miles

  • Asian Market and Lotus Snackbar

    1.81 miles

  • Yoke's Fresh Market

    1.88 miles

  • Leyte Oriental Store

    2.04 miles

  • Walmart Supercenter

    2.10 miles

  • Target

    2.33 miles

  • Safeway

    2.37 miles

  • Grocery Outlet

    2.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Derrick Stricker CCIM SIOR

StrickerCRE