4 N Jacobson Rd - Freestanding FOR SALE


Cathlamet, WA 98612
$1,950,000 USD
415-360-8007
4 N Jacobson Rd, Cathlamet, WA for Sale
$1,950,000 USD
Freestanding - FOR SALE
1/3
null | 6.82% Cap Rate

4 N Jacobson Rd
Cathlamet, WA 98612


HIGHLIGHTS

  • 2020 Construction. 9,100+/- SF Building on 1.17+/- Acre Site
  • Strategically Located On Ocean Beach Hwy, which extends eastward along the Columbia River
  • Positioned Near Wahkiakum High School and Julius Wendt Elementary School, Providing a Consistent Consumer Base.
  • Competitive Advantage: Washington is an Income Tax-Free State, Providing Major Financial Advantages.
  • Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,400 Stores Across 47 States
  • Cathlamet | 75 Mi. North of Portland & 150 Mi. South of Seattle | Population: 600+

OVERVIEW

10+ Years Remaining On Complete NNN Lease with 10% with 10% Rental Increases Every 5 Years

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Todd LewisSecure Net LeaseMore Info
415-360-8007

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Todd LewisSecure Net LeaseMore Info
415-360-8007

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