New Dollar General | 8203 W Westover Blvd
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New Dollar General 8203 W Westover Blvd
10,566 SF 4-Star Retail Building Moses Lake, WA 98837 $4,528,657 CAD ($429 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Under construction, an approximately 10,566 square foot single-story retail building leased to DG stategic VII, LLC and guaranteed by Dollar General
- Washington is a “no state income tax” state
- Nearby access to State Route 17 and Interstate 90 with direct access to Seattle MSA and Spokane MSA
- Build to suit construction for Dollar General with new 15 year absolute triple net lease
- Average household income of $89,304 within 1 mile and a population of 42,677 within 5 miles.
- Located in Grant County, the property is approximately 1.5 miles away from the Grant County International (MWH) Airport and 3.5 miles from downtown.
Executive Summary
Cushman & Wakefield Net Lease Group is pleased to offer an approximate 10,566 square foot single-story retail building leased to DG STRATEGIC VII, LLC and guaranteed by DOLLAR GENERAL for 15 years starting from the opening of business with an annual rent of $199,716.
Moses Lake Metropolitan Area is home to over 100,900 residents. The area was named after the leader of the Sinkiuse Tribe, Chief Moses. The first settlers established fisheries and farms, but irrigation attempts failed, and settlers left at about the same rate as they came. When the town was incorporated, the population was estimated at 302 people. The arrival of the Moses Lake Army Air Base in 1942 and irrigation water pumped from Grand Coulee Dam in 1955 offered newcomers a reason and a way to settle in an area that previously had little to offer other than good fishing and a place to water sheep and cattle. The air base was built to train World War II pilots. The base closed after the war ended but reopened in 1948 as a US Air Force base and test area for Boeing’s B-47 Stratojet and B-50 Superfortress. The tests led to development of modern commercial jetliners still used today. Boeing still uses the airport as a test and evaluation facility for its aircraft. Many residents of the area work on the farmlands that surround the main city.
Dollar General (NYSE: DG) is an American chain of variety stores headquartered in Goodlettsville, Tennessee. As of February 2024, Dollar General operates over 20,000 stores in the United States offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing for the family, housewares, and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high-quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills and PepsiCo.
This listing is in conjunction with a Washington-licensed broker.
Moses Lake Metropolitan Area is home to over 100,900 residents. The area was named after the leader of the Sinkiuse Tribe, Chief Moses. The first settlers established fisheries and farms, but irrigation attempts failed, and settlers left at about the same rate as they came. When the town was incorporated, the population was estimated at 302 people. The arrival of the Moses Lake Army Air Base in 1942 and irrigation water pumped from Grand Coulee Dam in 1955 offered newcomers a reason and a way to settle in an area that previously had little to offer other than good fishing and a place to water sheep and cattle. The air base was built to train World War II pilots. The base closed after the war ended but reopened in 1948 as a US Air Force base and test area for Boeing’s B-47 Stratojet and B-50 Superfortress. The tests led to development of modern commercial jetliners still used today. Boeing still uses the airport as a test and evaluation facility for its aircraft. Many residents of the area work on the farmlands that surround the main city.
Dollar General (NYSE: DG) is an American chain of variety stores headquartered in Goodlettsville, Tennessee. As of February 2024, Dollar General operates over 20,000 stores in the United States offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing for the family, housewares, and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high-quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills and PepsiCo.
This listing is in conjunction with a Washington-licensed broker.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
$4,528,657 CAD
Price Per SF
$429 CAD
Cap Rate
6.25%
NOI
$283,081 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
1.50 AC
Opportunity Zone
Yes
PROPERTY TAXES
| Parcel Number | 121956929 | Improvements Assessment | $0 CAD |
| Land Assessment | $180,751 CAD | Total Assessment | $180,751 CAD |
PROPERTY TAXES
Parcel Number
121956929
Land Assessment
$180,751 CAD
Improvements Assessment
$0 CAD
Total Assessment
$180,751 CAD
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New Dollar General | 8203 W Westover Blvd
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