310 S Main St - Freestanding FOR SALE


Boardman, OR 97818
$2,210,341 USD
310-463-5463
310 S Main St, Boardman, OR for Sale
$2,210,341 USD
Freestanding - FOR SALE
1/2
null | 6.15% Cap Rate

310 S Main St
Boardman, OR 97818


HIGHLIGHTS

  • Absolute NNN Lease with Corporate Guarantee
  • Zero Landlord Responsibilities
  • Rental Increases of 10% in Options
  • Located in a Rapidly Expanding Economic Hub
  • Proximity to I-84 and Port of Morrow
  • 19,200 Vehicles Per Day at the Nearby I-84 Interchange

OVERVIEW

The Kase Group is pleased to offer the opportunity to acquire a Dollar General property at 310 South Main Street, Boardman, OR, secured by a 15-year Absolute NNN lease, with zero landlord responsibilities. The lease, which commenced in May 2022 and is set to expire in May 2037, offers a highly secure and passive income stream. Additionally, the lease structure includes 10% rental increases during each of the three, 5-year option periods. Located on Main Street in the heart of Boardman, this Dollar General benefits from exceptional visibility and direct access to the city's primary north-south commercial corridor. Positioned less than 0.5 miles south of the Interstate 84 interchange, the site captures significant daily traffic, with I-84 handling approximately 19,200 vehicles per day. The property sits directly in the path of Boardman's rapid economic transformation, ensuring maximum exposure to both the expanding local workforce and regional transient traffic traveling through the Columbia Basin.

FOR SALE DETAILS

PRICE

$2,210,341 USD

PRICE/SF

$221 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.14 AC

LAND SF

180,338 SF

ZONING

C1

APN/PARCEL ID

R08729

ASK ABOUT THIS PROPERTY

Tyler KolligianThe Kase GroupMore Info
310-463-5463

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Tyler KolligianThe Kase GroupMore Info
310-463-5463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.