4027 Highway 37 SE - Retail FOR SALE


Garrison, ND 58540
$1,225,074 USD
248-227-0817
4027 Highway 37 SE, Garrison, ND for Sale
$1,225,074 USD
Retail - FOR SALE
1/3
null | 7.35% Cap Rate

4027 Highway 37 SE
Garrison, ND 58540


HIGHLIGHTS

  • 2019 build-to-suit premium brick exterior for Dollar General with ± 9 years remaining on an initial 15-year absolute NNN lease.
  • Minimal competition — the nearest national dollar-store competitor is more than 10 miles away, supporting Dollar General’s stronghold in the local mar
  • Prime location along HWY 37, the primary commercial corridor and main thoroughfare through Garrison, North Dakota.
  • Just ½ mile from the area’s only 24/7 hospital, providing consistent daily traffic and strong community reliance.
  • Dollar General carries an investment-grade credit rating of BBB (S&P).
  • With approximately 20,600 locations nationwide, the company continues to pursue aggressive expansion.

OVERVIEW

Broker of Record Brian Brockman License # 3269 (ND) Bang Realty- Dakotas, Inc. 2939 Vernon Place Cincinnati OH 45219 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,225,074 USD

PRICE/SF

$118 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

75 3001 00083 000

ASK ABOUT THIS PROPERTY

Meghan CarrollMatthews Real Estate Investment ServicesMore Info
248-227-0817

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Meghan CarrollMatthews Real Estate Investment ServicesMore Info
248-227-0817

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