$2,970,156
Nine Mile, WA 99026
MLS# 26-1748
10566 sqft
1 / 6
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
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: Washington Counties
Neighborhood Grid #: 700
Begin Date: 2026-03-02
List Price: $2,970,156
General Property Description
Building Style: Retail
Basement: No
Year Built: 2025
New Construction: No
Total #/Bldgs: 1
Total SqFt.: 10566
ESTIMATED SqFt Source: Builder
Lot Acres: 1.43
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial
Legal and Taxes
Legal: SUNCREST 11TH ADDITION TAX 21
AIN/Tax Bill: 0859702
Parcel Number: 0859702
Zoning: Commercial
Directions: From Spokane, take Highway 2 to West Francis Avenue, which transitions into North Nine Mile Road. Continue along SR 291 to site.
Taxes: 23897.12
Tax Year: 2025
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: 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
Address
Street Number: 6003
Street Name: WA-291
State/Province: WA
Postal Code: 99026
County: Spokane
Miscellaneous
Sec: 25
Twn: 27
Rng: 41
Rng Dir: WBM
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Unknown
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: Yes
Monthly Lease Amount: 15841
Exterior
Other: Metal
Showing Instructions
Showing Service Name: None
Property Features
View: Territorial
Lot Features: Level; Open Lot
Exterior Features: Paved Parking
Common Walls: No Common Walls
Fuel: Electric
Heating: Furnace
Basement: None-Slab on Grade
Construction: Steel Frame
Foundation: Concrete
Roof: Metal
Road: Paved; Public Maintained Road
Sewer: Septic Tank
Terms Considered: 1031 Exchange; Cash; Conventional
OM Listing Office: Pearl Realty, LLC
Last Updated: March - 02 - 2026
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Thursday 5th of March 2026 11:49 PM
