6003 WA-291, Nine Mile, WA 99026 (MLS# 26-1748)

6003 WA-291, Nine Mile, WA 99026

$2,970,156

Property Type: Commercial Square Footage: 10,566 Lot Size (sq. ft.): 62,291 Status: Closed

Current Price: $2,970,156 List Date: 3/02/2026 Last Modified: 4/07/2026

Overview

Description

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 General

Listing Details MLS# 26-1748

Contract Information

Listing Type: Comm'l Bldg w/Land
Area: Washington Counties
Neighborhood Grid #: 700
Begin Date: 2026-03-02
Sold Date: 2026-04-07
Under Contract Date: 2026-03-23
Financing: Cash

General Property Description

Building Style: Retail
Basement: No
Year Built: 2025
New Construction: No
Total #/Bldgs: Yes
Total SqFt.: 10566
ESTIMATED SqFt Source: Builder
Lot Acres: 1.43
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial

Legal and Taxes

Legal: SUNCREST 11TH ADDITION TAX 21
AIN/Tax Bill: 0859702
Parcel Number: 0859702
Zoning: Commercial
Directions: From Spokane, take Highway 2 to West Francis Avenue, which transitions into North Nine Mile Road. Continue along SR 291 to site.
Taxes: 23897.12
Tax Year: 2025
Taxes Reflect 1: No Exemptions

Remarks

Public Remarks: 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 General

Address

Street Number: 6003
Street Name: WA-291
State/Province: WA
Postal Code: 99026
County: Spokane

Miscellaneous

Sec: 25
Twn: 27
Rng: 41
Rng Dir: WBM

More Information

Property Subject To

CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Unknown

Business Info

Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: Yes
Monthly Lease Amount: 15841

Exterior

Other: Metal

Showing Instructions

Showing Service Name: None

View

Territorial: Yes

Lot Features

Level: Yes
Open Lot: Yes

Exterior Features

Paved Parking: Yes

Terms Considered

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Road

Paved: Yes
Public Maintained Road: Yes

Water

City: Yes

Common Walls

No Common Walls: Yes

Sewer

Septic Tank: Yes

Fuel

Electric: Yes

Heating

Furnace: Yes

Basement

None-Slab on Grade: Yes

Foundation

Concrete: Yes

Construction

Steel Frame: Yes

Roof

Metal: Yes

Property Features

View: Territorial Lot Features: Level; Open Lot Exterior Features: Paved Parking Common Walls: No Common Walls Fuel: Electric Heating: Furnace Basement: None-Slab on Grade Construction: Steel Frame Foundation: Concrete Roof: Metal Road: Paved; Public Maintained Road Sewer: Septic Tank Terms Considered: 1031 Exchange; Cash; Conventional

Documents

OM ›

Listing Office: Pearl Realty, LLC

Last Updated: April - 07 - 2026

Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.