1112 E Main St
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1112 E Main St
9,300 SF Retail Building Othello, WA 99344 $1,550,000 ($167/SF) 6.47% Cap Rate
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
9,300 SF
Year Built
2016
Price
$1,550,000
Price Per SF
$167
Cap Rate
6.47%
NOI
$100,285
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1529030715602 | Improvements Assessment | $739,000 |
Land Assessment | $92,900 | Total Assessment | $831,900 |
PROPERTY TAXES
Parcel Number
1529030715602
Land Assessment
$92,900
Improvements Assessment
$739,000
Total Assessment
$831,900
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1112 E Main St
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