601 Main St - Freestanding FOR SALE


Nyssa, OR 97913
$2,207,610 USD
310-463-5463
601 Main St, Nyssa, OR for Sale
$2,207,610 USD
Freestanding - FOR SALE
1/2
null | 6.15% Cap Rate

601 Main St
Nyssa, OR 97913


HIGHLIGHTS

  • Long Term Absolute NNN Lease
  • Zero Landlord Obligations
  • Dollar General Corporate Guarantee
  • Strategic Location with Direct Frontage on U.S. Highway 20 and 26
  • Positioned in the Treasure Valley Region Approximately 50 Miles Northwest of Boise
  • Scheduled Increases in Rent

OVERVIEW

This is an opportunity to acquire a Dollar General property in Nyssa, Oregon, backed by a 15-year Absolute NNN lease. The lease started in January 2022 and requires the tenant to cover taxes, insurance, and maintenance, giving the landlord a truly hands-off investment. The property currently produces $135,786 in Net Operating Income, offering steady, passive cash flow. The lease also includes rental during the three, 5 year option periods. The store sits directly on Main Street along the U.S. Highway 20 and U.S. Highway 26 corridor, giving it excellent visibility and easy access. It’s positioned on the main commercial route through town, capturing both local traffic and commuters traveling through the area. Nyssa is an established agricultural community about 50 miles northwest of Boise, which helps support consistent retail demand.

FOR SALE DETAILS

PRICE

$2,207,610 USD

PRICE/SF

$326 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

0.68 AC

LAND SF

29,438 SF

ZONING

N-C

APN/PARCEL ID

4322

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.