Map of Property

Dollar Tree Net Leased Offering

For Sale

1112 E Main St, Othello, WA 99344

This Othello property for sale is located at 1112 E Main St. The general use of Dollar Tree Net Leased Offering is retail and it incorporates 9,300 square feet of class B retail space. The current listed sale price for Dollar Tree Net Leased Offering is $1,520,069. Dollar Tree Net Leased Offering is situated on a lot that is 0.83 acre in size.

Contacts

Bill Almon, Jr.

Almon Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 9,300 SF
  • Lot Size 0.83 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2016
  • Date Updated Oct 1, 2026
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.
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Highlights

  • 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.

Attachments

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  • 54/100

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Location

  • City Othello, WA
  • Zip Code 99344

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

  • Time Out Pizza

    0.11 miles

  • Taco Bell

    0.47 miles

  • McDonald's

    0.49 miles

  • Burger King

    1.18 miles

  • Walmart Supercenter

    0.50 miles

Contact Listing Broker
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