116 Monroe Ave - Freestanding FOR SALE


Ortonville, MN 56278
$1,349,625 USD
847-722-0865
116 Monroe Ave, Ortonville, MN for Sale
$1,349,625 USD
Freestanding - FOR SALE
1/4
null | 8% Cap Rate

116 Monroe Ave
Ortonville, MN 56278


HIGHLIGHTS

  • LONG TERM LEASE STRUCTURE
  • CORPORATE GUARANTY
  • REGIONAL DEMAND ANCHOR WITH CROSS-BORDER CAPTURE
  • PROTECTED TRADE AREA WITH MINIMAL COMPETITIVE LEAKAGE
  • NEW BRAND OWNERSHIP
  • VALUE-ORIENTED RETAIL STRENGTH

OVERVIEW

Atlantic Capital Partners is pleased to present a single-tenant Family Dollar on Monroe Avenue in Ortonville, MN. This freestanding store is secured by a long-term, corporate-backed lease with multiple renewal options, providing durable, creditworthy income. Rent begins shortly after delivery or opening, and the lease includes standard delivery protections. The structure is designed for low-touch ownership: the tenant covers most operating expenses (including taxes and insurance) while the landlord’s role is largely limited to roof, structure, and exterior. Positioned in the county seat’s primary retail corridor serving everyday needs for surrounding communities, the asset offers stable, needs-based cash flow with national-tenant backing.

FOR SALE DETAILS

PRICE

$1,349,625 USD

PRICE/SF

$114 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Ortonville, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

-

APN/PARCEL ID

22-0247-000

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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