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1112 E Main St

9,300 SF Retail Building Othello, WA 99344 $2,222,808 CAD ($239 CAD/SF) 6.47% Cap Rate

Retail Space Washington Othello 1112 E Main St, Othello, WA 99344

Executive Summary

Introducing a prime investment opportunity in Othello, WA! This exceptional property features 9,300 SF free standing building, fully occupied with nationally known tenant Dollar Tree Stores, Inc. There are 3 years left on a near NNN lease with three 5 year extensions available. Constructed in 2016, the building showcases quality craftsmanship, ideal for investors seeking a turnkey retail space. With 100% occupancy, this property presents a lucrative opportunity for savvy investors looking to establish a strong presence in the thriving Othello market. Don't miss the chance to own a premier retail building in this sought-after location.

Attachments

OM Dollar Tree Othello

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
9,300 SF
Year Built
2016
Price
$2,222,808 CAD
Price Per SF
$239 CAD
Cap Rate
6.47%
NOI
$143,816 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.83 AC
Parking
24 Spaces (4.09 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Harvest Foods
Anytime Fitness
Umpqua Bank
U.S. Bank

PROPERTY TAXES

Parcel Number 1529030715602 Improvements Assessment $1,064,825 CAD
Land Assessment $133,860 CAD Total Assessment $1,198,685 CAD

PROPERTY TAXES

Parcel Number
1529030715602
Land Assessment
$133,860 CAD
Improvements Assessment
$1,064,825 CAD
Total Assessment
$1,198,685 CAD
(509) 406-1145

Contacts

  • Listing ID: 33003518

  • Date on Market: 2024-08-29

  • Last Updated:

  • Address: 1112 E Main St, Othello, WA 99344

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1112 E Main St
(509) 406-1145 x

1112 E Main St

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Bob Schefter

(509) 406-1145

(509) 406-1145

Matthew Russell

(509) 895-5314

(509) 895-5314

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