201 Short N - Freestanding FOR SALE


Vale, OR 97918
$2,385,000 USD
714-504-0262
201 Short N, Vale, OR for Sale
$2,385,000 USD
Freestanding - FOR SALE
1/4
null | 6.25% Cap Rate

201 Short N
Vale, OR 97918


HIGHLIGHTS

  • Dollar Tree signed a new 10-year lease, with limited Landlord responsibilities (10 Year roof warranty included)and four (4) - 5 year options to renew
  • Recently completed 2024 construction built to Dollar Tree's new prototype store format
  • Large Land Parcel - property sits on 40,000 SF of land with tremendous visibility and accessibility to Washington Street (Central Oregon Highway)
  • Dollar Tree signed a firm 10-year term with no cancellations or kick-out provisions and scheduled rental increases at each option period

OVERVIEW

Dollar Tree signed a new 10-year lease, with limited Landlord responsibilities, and has 4 - 5 year options to renew. Dollar Tree has over 16,000 stores and 2023 revenue exceeded $28 Billion. Construction on this building was completed in 2024 ad built to Dollar Tree's new prototype store format. The cross-street, Washington Street (Hwy 26), is the primary commercial thoroughfare that runs through the heat of Vale, central Oregon and Western Idaho.

FOR SALE DETAILS

PRICE

$2,385,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

CROSS STREETS

Washington Street

LAND ACRES

0.92 AC

LAND SF

40,000 SF

ZONING

Vale Commercial

APN/PARCEL ID

4763

ASK ABOUT THIS PROPERTY

Arthur FloresCBRE, Inc.More Info
714-504-0262

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Arthur FloresCBRE, Inc.More Info
714-504-0262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.