Offered at a 6.2% cap rate, this asset provides investors with a passive, inflation-hedged income stream backed by a nationally recognized retailer. The Dollar General store at 6003 Highway 291 in Nine Mile Falls, WA features a 10,566 SF building on 1.43 acres in a high-visibility location with direct access from Hwy 291 (AADT 8,598). Dollar General has executed a 15-year absolute NNN lease with five, 5-year renewal options and 5% rental increases every 5 years, offering secure, long-term cash flow with zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with a BBB rating from S&P and Baa2 from Moody's. Situated within the Spokane MSA, Nine Mile Falls is just 15 miles from downtown Spokane, combining strong demographics with stable tenancy.
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DAYS ON MARKET
|
11
|
LAST UPDATED
|
11/24/2025
|
|
YEAR BUILT
|
2025
|
COUNTY
|
Spokane
|
|
STATUS
|
Active
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PROPERTY TYPE(S)
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Commercial
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| AREA |
Washington Counties |
| HEAT |
Electric, Floor Furnace |
| LOT |
1.43 acre(s) |
| LOT DESCRIPTION |
Cleared, Level, Open Lot |
| LOT DIMENSIONS |
1.43 |
| PARKING |
Paved |
| SEWER |
Septic Tank |
| TAXES |
885.36 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Territorial |
| WATER |
Public |
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Listed with Pearl Realty, LLC
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