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.