$2,970,156
Nine Mile, WA 99026
MLS# 26-1748
Status: Closed
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
Neighborhood Grid #: 700
Financing: Cash
Status: Closed
Listing Type: Comm'l Bldg w/Land
Area: Washington Counties
Begin Date: 2026-03-02
List Price: $2,970,156
Sold Date: 2026-04-07
Under Contract Date: 2026-03-23
General Property Description
Building Style: Retail
Realtor.COM Type: Commercial
Lot Acres: 1.43
Basement: No
Business Type: Retail
Lot Type 1: Commercial
Total SqFt.: 10566
New Construction: No
ESTIMATED SqFt Source: Builder
Year Built: 2025
Total #/Bldgs: 1
Legal and Taxes
AIN/Tax Bill: 0859702
Taxes: 23897.12
Zoning: Commercial
Tax Year: 2025
Taxes Reflect 1: No Exemptions
Legal: SUNCREST 11TH ADDITION TAX 21
Parcel Number: 0859702
Directions: From Spokane, take Highway 2 to West Francis Avenue, which transitions into North Nine Mile Road. Continue along SR 291 to site.
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
Miscellaneous
Sec: 25
Rng: 41
Rng Dir: WBM
Twn: 27
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
View
Territorial: 1
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
Lot Features
Level: 1
Open Lot: 1
Exterior Features
Paved Parking: 1
Terms Considered
1031 Exchange: 1
Cash: 1
Conventional: 1
Road
Paved: 1
Public Maintained Road: 1
Showing Instructions
Showing Service Name: None
Water
City: 1
Common Walls
No Common Walls: 1
Sewer
Septic Tank: 1
Fuel
Electric: 1
Heating
Furnace: 1
Basement
None-Slab on Grade: 1
Foundation
Concrete: 1
Construction
Steel Frame: 1
Exterior
Other: Metal
Roof
Metal: 1
Address
Street Number: 6003
Street Name: WA-291
State/Province: WA
Postal Code: 99026
County: Spokane
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: April - 07 - 2026
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