389 SW Birch St - Freestanding FOR SALE


Pilot Rock, OR 97868
$1,505,824 USD
847-562-0003
389 SW Birch St, Pilot Rock, OR for Sale
$1,505,824 USD
Freestanding - FOR SALE
1/6
null | 8.5% Cap Rate

389 SW Birch St
Pilot Rock, OR 97868


HIGHLIGHTS

  • Dollar Tree is an investment grade rated tenant (S&P: BBB)
  • Corporate guaranty from Family Dollar Stores, Inc.
  • Seller financing available
  • 2022 construction
  • $0.50/SF rental escalation on 7/1/2027
  • Residents within five miles of the property earn an average annual household income of $93,400

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Family Dollar Dollar Tree property located in Pilot Rock, Oregon. The property was built in 2022 for Family Dollar Dollar Tree who has a 10-year lease through June 2032. The tenant recently announced they are ceasing operations at this location but will be paying rent through the remainder of the primary term. The parent company, Dollar Tree, is investment grade with a BBB Standard & Poor’s rating. Seller financing is available. The 10,500 square foot property is positioned along Southwest Birch Street which is the primary thoroughfare through Pilot Rock. The property is surrounded by an active population that earns an average annual household income of $93,400 within five miles. Pilot Rock is home to the Boise Cascade /Kinzua Lumber and pole mill as well as Pilot Rock High School. Pilot Rock’s main industries are lumber and agriculture. The area around Pilot Rock offers hiking, camping, and wildlife viewing opportunities, attracting outdoor enthusiasts year-round.

FOR SALE DETAILS

PRICE

$1,505,824 USD

PRICE/SF

$143 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | Dollar Tree (DARK)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

C

APN/PARCEL ID

105048

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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