Property Type
Listing Details for 6003 WA-291 Hwy, Nine Mile Falls, WA 99026
MLS #: 202522639
6003 WA-291 Hwy, Nine Mile Falls, WA 99026
Listing Number: 202522639
Listing Price: $3,168,166
Listing Price: $3,168,166
Courtesy: Joel Pearl Group
-= Property Details =-
Building
Year Built: 2025
Effective Year Built: 2025
Roof: Metal
Land
Lot Size: 1.43 Acres
Utilities
Heating and Cooling: Forced Air
-= Location Information =-
Address: 6003 WA-291 Hwy, Nine Mile Falls, WA 99026
City: Nine Mile Falls
State:
Zip Code: 99026
Latitude: 47.81569500
Longitude: -117.58181100
City: Nine Mile Falls
State:
Zip Code: 99026
Latitude: 47.81569500
Longitude: -117.58181100
-= Community Information =-
School District: Nine Mile Falls
-= Assessor Information =-
County: Stevens
Tax Number: 0859702
Tax Number: 0859702
-= Purchase Information =-
Listing Price: $3,168,166
-= MLS Listing Details =-
Listing Number: 202522639
Listing Status: Active
Listing Office: Joel Pearl Group
Listing Date: 2025-08-19
Original Listing Price: $0
MLS Area: A332/037
Marketing Remarks: 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. Offered at a 6% cap rate, this asset provides investors with a passive, inflation-hedged income stream backed by a nationally recognized retailer.
Listing Status: Active
Listing Office: Joel Pearl Group
Listing Date: 2025-08-19
Original Listing Price: $0
MLS Area: A332/037
Marketing Remarks: 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. Offered at a 6% cap rate, this asset provides investors with a passive, inflation-hedged income stream backed by a nationally recognized retailer.
-= Multiple Listing Service =-
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
* Cumulative days on market are days since current listing date.
