501 Main St E - Retail FOR SALE
Mohall, ND 58761 |
$1,275,000 USD
424-261-7308
501 Main St E
Mohall, ND 58761
HIGHLIGHTS
- Investment grade tenant — Dollar General Corp., Fortune 500, S&P credit rating of BBB
- Corporate guarantee by Dollar General Corp. (NYSE:DG) for added financial assurance
- Absolute NNN lease — zero landlord responsibilities for maintenance or expenses
- ±9.1 years remaining with four 5-year renewal options and 10% rent increases each
- Build-To-Suit construction in 2020; renovated by Dollar General in 2025
- Above-market yield with limited retail competition in the trade area
FOR SALE DETAILS
PRICE
$1,275,000 USD
PRICE/SF
$140 USD /SF
CAP RATE
7.41%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
25-0009-05558-000
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424-261-7308
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424-261-7308
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