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    6003 Highway 291 Nine Mile Falls, WA 99026

    For Sale
    $3,065,967

    Commercial Building - Nine Mile Falls, WA

    Property size:
    10,566 SF
    Lot size:
    1.43 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 6003 Highway 291

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    000000-000.000-0000-000.000
    Parking features
    Garage
    Size
    10,566 SF
    Lot size
    1.43 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Year renovated
    2025
    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Other

    Pearl Realty, LLC (208) 762-5500

    Listing agent Joel Pearl (208) 762-5500

    Listing date Nov 24, 2025

    MLS# 11611032 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Nine Mile Falls Commercial Building

    This commercial building in Nine Mile Falls, WA, is offered at a 6.2% cap rate. The property features a 10,566 square foot building situated on 1.43 acres. It is located in a high-visibility area with direct access from Highway 291, which has an average annual daily traffic count of 8,598. The property is leased to Dollar General, a nationally recognized retailer, under a 15-year absolute NNN lease. The lease includes five, 5-year renewal options and 5% rental increases every 5 years. The lease is corporately guaranteed by Dollar General Corporation, which holds an investment-grade credit rating of BBB from S&P and Baa2 from Moody's. This arrangement provides a passive, inflation-hedged income stream with no landlord responsibilities. The property is located within the Spokane MSA, with Nine Mile Falls approximately 15 miles from downtown Spokane.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nine Mile Falls
    County
    Spokane
    State
    Washington
    Longitude
    -117.581303
    Latitude
    47.815483

    Nearby Similar for Sale

    • $3,065,967
      10,566 SF

      Dollar General Investment Opportunity

      NNN leased Dollar General store in Nine Mile, Washington.
      6003 Wa-291, Nine Mile Falls, WA 99026
      View Details
    • $285,000
      1,494 SF

      Sundance Meadows Manufactured Home

      Modern home in Nine Mile Falls with community amenities.
      10518 N Jimmy Dr, Nine Mile Falls, WA 99026
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General store in high-visibility location.
    Where is this grocery and convenience store located?
    The property is located at 6003 Highway 291 Nine Mile Falls, WA.
    What is the asking price?
    The asking price for this property is $3,065,967.
    What are key features of this property?
    This property features: - 6. 2% Cap Rate: Provides investors with a strong return on investment; - 15-Year Absolute NNN Lease: Offers secure, long-term cash flow with zero landlord responsibilities; - Investment-Grade Tenant: Lease is corporately guaranteed by Dollar General Corporation (NYSE: DG) with a BBB rating from S&P and Baa2 from Moody's
    (208) 762-5500
    Request Owner's contact information
    6003 Highway 291 Nine Mile Falls, WA 99026
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    Nine Mile Falls, WA 99026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6003 Highway 291 Nine Mile Falls, WA 99026
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