Commercial For Sale near Lake Spokane / Long Lake
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 GeneralProperty Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 10566
- Year Built: 2025
- Location: Lake Spokane / Long Lake
- Acres: 1.430
- ViewTypes: Territorial
- County: Spokane County
- Heat/AC: Electric (Heating)
- Siding: Steel Frame
- Roof: Metal
- Property Taxes: $23,897
- MLS #: 26-1748
Location
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Contact Information:
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Listing Agent: Joel Pearl, Pearl Realty, 208-762-5500, 208-762-5500 Listing Site, Listing Status: Active
Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7341634 |
| Viewed: | 5 times |
| Added: | Mar 02, 2026 |
| Updated on: | Mar 02, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
