901 19Th Ave Oroville, WA 98844
This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General Market situated on a 1.46-acre lot in Oroville, Washington. Built in 2024, this single-story building boasts a 15-year net lease (NNN) with a corporate guarantee from Dollar General, a credit-rated tenant with an investment-grade rating. The lease commenced October 1, 2024, and expires October 31, 2039, with five, five-year renewal options, each including a 5% rent increase. The property generates a substantial net operating income (NOI) of $217,212, resulting in a compelling 6.50% cap rate. Priced at $3,341,723 ($267.77 per square foot), this offering presents a secure, long-term investment in a thriving market. Located on Highway 97, the property benefits from high visibility and accessibility. Oroville's robust population growth (7%+ within a 5-mile radius since 2020) and the absence of competing Dollar Generals within a 132-mile radius further enhance its investment appeal. The area's natural beauty, golf courses, and numerous resorts contribute to a strong local economy. This is a rare opportunity to acquire a high-performing, low-risk retail asset with significant long-term growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.