4 N Jacobson Rd
Cathlamet, Washington
Price:
$1,900,000
Cap Rate:
7.00%
NOI:
$132,996
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.17 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2020
Investment Overview
- 2020 Construction. 9,100+/- SF Building on 1.17+/- Acre Site
- 10+ Years Remaining On Complete NNN Lease
- Strategically Located On Ocean Beach Hwy, which extends eastward along the Columbia River
- Positioned Near Wahkiakum High School and Julius Wendt Elementary School, Providing a Consistent Consumer Base.
- Competitive Advantage: Washington is an Income Tax-Free State, Providing Major Financial Advantages.
- Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,400 Stores Across 47 States
- Cathlamet | 75 Mi. North of Portland & 150 Mi. South of Seattle | Population: 600+