Dollar Tree Net Leased Offering

For Sale

1112 E Main St, Othello, WA 99344

THIS OFFERING is for the opportunity to purchase a single-tenant NN corporate leased Dollar Tree at what is currently the highest advertised capitalization rate for any Dollar Tree being marketed in the Pacific Northwest. Originally built-to-suit for Dollar Tree on a 10-year term who recently exercised their first renewal option through March 31, 2032, the property is located on Othello’s primary commercial arterial and is within an established value/grocery retail submarket area providing the synergy Dollar Tree thrives on via a Walmart Supercenter nearby and Harvest Foods grocer across the street. This is a busy and vibrant store servicing the type of tertiary market Dollar Tree excels in.

Key features

  • Advertised NOI is reflective of scheduled rent increase effective as of April 1, 2027. In the event closing occurs prior to April 1, 2027, seller will make up for the short fall.
  • Below market rent at $11.85/SF, NN, and two renewal terms remaining.
  • Corporate lease to Dollar Trees Stores, Inc.
  • Highest advertised cap rate of any Dollar Tree currently on the market in the Pacific Northwest.
  • Landlord is responsible for structural, roof, fire sprinkler system, parking lot, HVAC replacement, pylon sign and landscaping.
  • Originally built-to-suit for Dollar Tree in 2017 who recently exercised its first renewal option through March 31, 2032.
  • Strong location on Main St with a busy, vibrant store.

Building Details

  • For Sale $1,520,069
  • Property Type Retail - Street Retail
  • Property Size 9,300 SF
  • Lot Size 0.83 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2016
  • Date Updated Oct 1, 2026
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Contacts

Bill Almon, Jr.

Almon Commercial Real Estate

Location

  • City Othello, WA
  • Zip Code 99344
  • Walk score 50/100 Somewhat Walkable
  • Bike score 54/100 Bikeable
Powered by Walk Score ®

Points of Interest

76

0.41 miles

Chevron

1.19 miles

Texaco

1.23 miles

Exxon

1.27 miles

Conoco

2.15 miles

Fair Parking

2.22 miles

Bobcat/Coyote Lake Parking

5.87 miles

Maintenance Area Parking

6.08 miles

Halfmoon Lake Parking

6.45 miles

South Teal Lake Parking

6.57 miles

McManamon Lake Parking

6.60 miles

North Teal Lake Parking

6.72 miles

Potholes Canal Parking

6.88 miles

Seeps Lake Wildlife Area

7.19 miles

Walmart Supercenter

0.50 miles

Listing Summary

  • Property Financials

    1112 E Main St is currently listed for sale at $1,520,069 for a price per square foot of $163.45.

  • Property Details

    1112 E Main St totals 9,300 square feet of Retail space on a lot spanning 0.83 acres. The property was initially built in 2016. Based on its location, amenities, and finishes, the property is listed as class B.

    Tenancy at 1112 E Main St is listed as Single Tenant.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 50, indicating that it is somewhat walkable.

Contact Bill Almon, Jr.
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