LONG-TERM NATIONAL CREDIT TENANT | Dollar Tree (NASDAQ: DLTR) has a BBB credit rating from S&P and a Baa2 rating from Moody's. The tenant has occupied the property since 2004
SCHEDULED RENT GROWTH | Dollar Tree has a scheduled 15% rental increase in February 2029. The Wash has 3% annual rental increases beginning November 2027
7.11% CAP RATE IN 2029 | The scheduled rental increases raise the cap rate to 7.11% in 2029
WINCO FOODS ANCHORED SHOPPING CENTER | The property is situated w/in a WinCo Foods anchored shopping center with strong visibility along George Washington Way and convenient access to I-182 and SR-240
DYNAMIC RETAIL TRADE AREA | The property is surrounded by national retailers including Starbucks, Valvoline, AT&T, and Applebee's
HIGH-GROWTH METRO | Since 2000, the Tri-Cities has been the fastest growing metro area in Washington state