5511 Tree Top Ln - Freestanding FOR SALE


Bismarck, ND 58503- North Bismarck
$2,700,000 USD
701-202-6935
5511 Tree Top Ln, Bismarck, ND for Sale
$2,700,000 USD
Freestanding - FOR SALE
1/4
null | 5.37% Cap Rate

5511 Tree Top Ln
Bismarck, ND 58503
North Bismarck


OVERVIEW

Aspen Group LLP is pleased to offer, to qualified investors, the opportunity to purchase a true passive Absolute NNN Lease – Backed by Freddy’s Frozen Custard & Steakburgers franchisee. The site is located at 5511 Tree Top Lane in Bismarck, North Dakota. The subject property is a 1-story, 2,852 SF building that sits on a 38,640 SF lot. This property is ideally situated in Bismarck's fasted growing areas. - 10 Year Lease Term - CAP: 5.37% - NOI: $144,900.00 - New Construction - Absolute NNN Lease – True Passive Investment - Top QSR Operator – Operated by a Freddy’s Frozen Custard & Steakburgers franchisee. - Investment Package available to qualified investors with a signed NDA. - Strong Demographics – Over 73,000 people live within a five-mile radius - High Visibility Location – 38,045 Average VPD - Proximity to Major Retailers – Less than a mile from Costco, Walmart, Fleet Farm, Tractor Supply, Ross Dress for Less, Sierra, Homegoods, Ulta, Panda Express, IHOP, Culvers, Ace Hardware, Wingate by Wyndham, Candlewood Suites, Pancheros, Verizon, AT&T, and T-Mobile - Surrounded by Community Anchors – Close to schools, retail centers, and neighborhood amenities driving consistent daily traffic - This property has exceptional exposure along Highway 83 with high vehicle traffic, and full North/South lighted access to Highway 83, and West access to high density/high growth North Bismarck neighborhoods. - Highway 83 is a principal arterial roadway through the city with average traffic counts of 38,045.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$947 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Lease - Backed by Freddy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

CG - Commercial

APN/PARCEL ID

1502-001-075

ASK ABOUT THIS PROPERTY

Charles ReichertAspen Group Real EstateMore Info
701-202-6935

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Charles ReichertAspen Group Real EstateMore Info
701-202-6935

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