WA > Nine Mile
Nine Mile, WA 99026,6003 WA-291
Nine Mile, WA 99026,6003 WA-291
Nine Mile, WA 99026,6003 WA-291
Nine Mile, WA 99026,6003 WA-291
Nine Mile, WA 99026,6003 WA-291
Nine Mile, WA 99026,6003 WA-291
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Brenda Burk

Brenda Burk

+1(208) 818-3668
$ 3,041,440
Est. payment | /mo

10,566 SqFt

Save
$ 3,041,440
Est. payment | /mo
Save

10,566 SqFt

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Comm'l Bldg w/Land

Listing Status Active

Purchase Type For Sale

Square Footage 10,566 sqft

Price per Sqft $287

MLS Listing ID 25-10592

Style Retail

Year Built 2025

Annual Tax Amount $885

Tax Year 2024

Lot Size 1.430 Acres

Acres 1.43

Property Sub-Type Comm'l Bldg w/Land

Source Coeur d'Alene Multiple Listing Service

Property Description

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 6.25% cap rate, this asset provides investors with a passive, inflation-hedged income stream backed by a nationally recognized retailer.

Location

State WA

County Spokane

Area Washington Counties

Zoning Commercial

Direction From Spokane, take Highway 2 to West Francis Avenue, which transitions into North Nine Mile Road. Continue along SR 291 to site.

Rooms

Basement None-Slab on Grade

Interior

Heating Electric, Furnace

Equipment None

Exterior

View Territorial

Roof Type Metal

Building

Lot Description Open Lot, Level

Foundation Concrete Perimeter

Sewer Septic Tank

Water Public

New Construction No

Others

Tax ID 0859702

Listed by Pearl Realty, LLC
Brenda Burk

+1(208) 818-3668

brenda@brendaburk.com

2000 Northwest Boulevard, Coeur d'Alene, ID, 83814

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6003 WA-291