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Investment Highlights

  • Stabilized Intersection on Hwy 99
  • Build to Suit for Dollar General on 2.91 AC Site
  • Stable passive income backed by national credit tenant and corporate guaranty
  • Limited local competition
  • 3, 5-year options with 10% rent increases in each option

Executive Summary

Free Standing Single Tenant NNN Lease Dollar General
Sale Price: $2,058,685
CAP Rate: 7.00%
NOI: $144,108
Size: 9,100 SF | 2.91 AC Lot
Parking: 30 Stalls
Built: 2017
Tenant: Dollar General

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2017
Price
$2,837,156 CAD
Price Per SF
$311.78 CAD
Cap Rate
7%
NOI
$198,601 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.91 AC
Opportunity Zone
Yes
Zoning
CR
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
205’ on Douglas Ave

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum -
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
339788
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,314,304 CAD
  • Listing ID: 40696785

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 415 E Douglas Ave NE, Gervais, OR 97026

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