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EXCLUSIVE LISTING
McKay's Market & Dollar Tree
NASDAQ: DLTR
Reedsport, OR
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- Brand new corporate guaranteed 10-year NNN leases | Dollar Tree with 3 (5-year) options to extend | McKay's with 1 (10-year), demonstrating long term commitment to the site | 40 years of operation
- McKay's reports healthy store sales, and single digit occupancy cost (contact Agent for details)
- New remodel | Extensive redevelopment work
- Situated at the signalized, hard corner intersection of Oregon Coast Highway/U.S. Highway 101 and 13th Street (10,600 VPD) | Significant amounts of highway frontage and multiple access points
- Positioned in the main commercial corridor for the city of Reedsport with a Safeway anchored shopping center located just across the street | Other nearby national/credit tenants include NAPA Auto Parts, 7-Eleven, Subway, McDonald’s, and more
- Next McKay’s Market located 12 miles south | Alternative Dollar Tree 10 miles south in Coos Bay
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PRICE: $3,369,000 | CAP RATE: 7.00%
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Matthew Mousavi
Managing Principal,
National Net Lease Group
matthew.mousavi@srsre.com
DL: 949.698.1116
M: 714.404.8849
CA License #01732226
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Patrick R. Luther, CCIM
Managing Principal,
National Net Lease Group
patrick.luther@srsre.com
DL: 949.698.1115
M: 480.221.4221
CA License #01209944
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Ron Dowhaniuk, SCLS
Senior Vice President,
SRS Real Estate Partners
ron.dowhaniuk@srsre.com
DL: 503.238.7477
M: 503.789.8540
OR License #880500223
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