1106 4th Ave NW - Retail FOR SALE


Minot, ND 58703- Downtown Minot
$1,436,000 USD
916-995-3298
1106 4th Ave NW, Minot, ND for Sale
$1,436,000 USD
Retail - FOR SALE
1/10
null | 6.75% Cap Rate

1106 4th Ave NW
Minot, ND 58703
Downtown Minot


HIGHLIGHTS

  • Top-performing Dollar General location with investment-grade corporate guarantee, absolute NNN lease, and below-market rent at $10 PSF.
  • Prime downtown Minot location supported by affluent demographics, strong consumer spending, and excellent regional accessibility.
  • Strategically positioned in a stable trade market driven by military, energy, healthcare, and agricultural employment sectors.

OVERVIEW

Strong Performing Location (Source: Placer.ai) Corporate Guaranteed | NNN Lease Affluent Surrounding Demographic 10% Rent Increases at Each Option Period Investment Highlights •#7 Ranked Dollar General in ND and Top 20 Percentile Nationally (Source Placer.ai) th •Corporate guaranteed by Dollar General Corporation, an investment-grade tenant •Absolute NNN - No Landlord Responsibilities •Low Basis Property with Below Market Rent at $10 PSF •Affluent Demographics: $97,217 average household income within 3 miles, supporting $530.8M in annual consumer spending •Central Location in Downtown Minot Market Highlights •Minot is a critical regional trade center for northern North Dakota, anchored by stable military, energy, healthcare, and agricultural employment drivers. • Minot Air Force Base - one of North Dakotas largest employers and economic anchor for the local trade area •Limited small box discount competition in the immediate trade area •Property is strategically positioned right on 4th Avenue NW, the primary east-west thoroughfare linking the residential and university areas directly to the U.S. Highway 83 Bypass Tenant Highlights •One of the largest retailers in the U.S., with more than 20,000 stores across 48 states •Recession-resilient value model gaining visit share, with 12.4% of visits within a half mile of a store (Placer.ai, 2026)

FOR SALE DETAILS

PRICE

$1,436,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Top 20% of all DGs in the US

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,825 SF

ZONING

-

APN/PARCEL ID

MI14E870000050

ASK ABOUT THIS PROPERTY

Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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