6003 Highway 291, Nine Mile Falls, WA 99026

$2,924,500 Sold Price
Sold on 4/07/2026
 
Listing ID 11665172
Property Type Commercial Building
County Stevens
Total Tax $885
Tax ID 000000-000.000-0000-000.000
FEMA Flood Map fema.gov/portal
Year Built 2025
   
Virtual Tour
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 Corporation (NYSE: DG), an investment-grade tenant rated BBB by S&P and Baa2 by Moody's. Situated within the Spokane MSA, Nine Mile Falls is located just 15 miles northwest of downtown Spokane, offering investors exposure to strong regional demographics while maintaining the stability of a necessity-based retailer. Dollar General's essential-goods business model and proven performance through economic cycles further reinforce the durability of this income stream. This is a textbook absolute NNN investment-ideal for investors seeking hands-off ownership, secure cash flow, and long-term income growth backed by a nationally recognized, investment-grade tenant.
Property Details
  • 10566 SF (AG)
  • 1.43 Acres
  • Built in 2025
  • 1 Story
  • Lower Level: No Access
Unit Information

No unit information was entered.

Interior Features
  • Forced Air
  • Central A/C
Exterior Features
  • Metal Roof
Commercial Info
  • Dollar General (Business Name)
  • 34 Parking Spaces
  • 6.40% Cap. Rate
Taxes and Fees
  • $885 Total Tax
  • Tax Year 2024
Sale Information
  • Sold on 4/07/2026
  • Sold for $2,924,500
Previously Listed By
Pearl Realty, LLC
Office: 208-762-5500
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 10 minus 4?