Dollar Tree Anchored Strip | Within WinCo Foods… — Sale in Richland, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Richland, WA 99352
  • Year built: 2003

Photos

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Investment Figures

Cap rate
7.11%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap has been selected to exclusively market for sale the Dollar Tree Anchored Strip within WinCo Foods Shopping Center located at 81 Columbia Point Drive in Richland, Washington. The property consists of a 25,049 SF retail strip center situated on 1.98 acres within WinCo Foods Shopping Center. The retail center is strategically positioned with convenient access to George Washington Way, I-182, and SR-240 while benefiting from exceptional visibility and strong traffic counts. Dollar Tree (NASDAQ: DLTR) has occupied the property since 2004, highlighting its long-term commitment to the location. The lease includes a 15% rental increase scheduled for February 2029. The Wash has recently signed a brand new 15-year Absolute Triple Net (NNN) lease with 3% annual rental increases beginning November 2027. Both tenants reimburse their pro-rata share of taxes, insurance, and common area maintenance, minimizing landlord responsibilities. Recent capital improvements include a partial roof replacement and a newly completed 5,083 SF interior buildout for The Wash. Investment Highlights: • Long-Term National Credit Tenant • Scheduled Rent Growth • 7.11% Cap Rate in 2029 • WinCo Foods Anchored Shopping Center • Dynamic Retail Trade Area • High-Growth Metro

Market Context

This retail in Richland, WA is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2003. Compare it against other retail listings for sale in Richland, WA — view the full market.

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