105 SW 2nd Ave, Milton-Freewater, OR 97862 For Sale

Long-Term Lease With 9 Years Remaining:

Dollar Tree is committed through February 28, 2035,

providing durable in place cash flow with substantial

$1/SF increases equating to a 12.35% rent increase in

2030, increasing yield to 7%.

Growing Discount Retailer: Dollar Tree surpassed

9,000 stores across North America in 2025, reinforcing

the brand’s continued expansion and relevance within

value-oriented retail.

Below Replacement Cost Basis: The Property is

offered at $130 per square foot, allowing an investor to

acquire a freshly converted retail asset with meaningful

capital improvements at a basis difficult to replicate

today.

Recently Renovated 2025 Conversion: The

Property underwent a comprehensive conversion to

Dollar Tree in 2025, including roof work, reconfigured

parking and loading areas, ramped delivery access,

utility separation, signage upgrades, and enhanced

site lighting. In addition, a $266,560 ($20.00/SF) TI

package covered the interior buildout and fixturing.

Low Re-Tenanting Risk: The combination of a below

replacement cost basis, low rent basis, recent renovation,

freestanding configuration, and location along Milton-

Freewater’s primary commercial corridors should support

a relatively straightforward backfill scenario at lease

expiration compared to higher-basis net lease assets.