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$6,375,000

Active

81 Columbia Point Dr

Richland, WA 99352

Call Agent
2004Year Built
643Days on Market

About This Home

MLS #279059. This Grocery-Anchored Dollar Tree NNN Investment offers a premier opportunity for investors seeking stable, long-term cash flow with minimal management responsibilities. Priced at $6,375,000, this 25k SF property provides an attractive 6.69% CAP rate and generates a net operating income (NOI) of $426,016 annually. The anchor tenant, Dollar Tree, occupies 19,966 SF and is a well-established, national credit tenant. Dollar Tree recently extended its lease for 8 additional years, through January 2032, with two 5-year renewal options that could extend their tenancy until 2042. There is a vacant 5k SF suite adjacent to Dollar Tree that is a former Mattress Suite and is listed for lease for $22.50/SF. NNN estimates are $3.75 and WinCo Grocery manages all of the Center's Common Area Maintenance. Call LA to discuss more and NDA for Full OM.

Property Details

MLS# 279059
Property Type Commercial Sale
Status Active
List Price $6,375,000
Lot Size 86249 sq ft
Year Built 2004
Annual Taxes $42,715
Days on Market 643

Location

Listing courtesy of StrickerCRE · +1 (509) 591-99

Based on information submitted to Pacific Regional MLS (PACMLS) and distributed by MLS Grid as of Jun 27, 2026. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor Powell Real Estate Group shall be responsible for any typographical errors, misinformation, or misprints. © 2026 Pacific Regional MLS. All rights reserved.