6003 Wa-291 Hwy, Nine Mile Falls, WA 99026

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Sold Price
$2,924,500
List Price
$2,970,156
Status
CLOSED
MLS#
202612796
Year Built
2025
Closing Date
Apr 07, 2026
Acres
1.43
Region
North Spokane Suburban

Property Description

Rare opportunity to acquire a true absolute NNN Dollar General with 14+ years of guaranteed lease term remaining, providing $190,090 in annual net income at a 6.4% cap rate. Designed for 100% passive ownership, the lease places all operating expenses and capital responsibilities—including taxes, insurance, maintenance, roof, structure, and parking lot—entirely on the tenant. Located at 6003 Highway 291, Nine Mile Falls, WA, the 10,566 SF freestanding building sits on 1.43 acres with direct access and visibility from Highway 291. The site benefits from convenient ingress/egress and strong daily traffic exposure in a growing Spokane-area trade corridor. Dollar General has executed a 15-year absolute NNN lease with five (5) additional 5-year renewal options, delivering exceptional long-term security. The lease includes 5% rental increases every five years, providing built-in inflation protection and predictable income growth. The lease is corporately guaranteed by Dollar General Corporation.

Additional Information

Basement
None
School District
Nine Mile Falls

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Calculator source: Real Geeks

Listing courtesy of SARMLS / Pearl Realty, LLC

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Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.