802 4th SW st - Freestanding FOR SALE
Stanley, ND 58784 |
$1,609,200 USD
214-692-2289
802 4th SW st
Stanley, ND 58784
HIGHLIGHTS
- Extremely Attractive 8.75% Cap Rate: Stabilized investment delivering a strong 8.75% cap rate for immediate, reliable cash flow.
- Brand-new 2024 build-to-suit specifically for Family Dollar, offering modern facilities with virtually no near-term capital requirements.
- ±8.25 years left on the initial 10-year lease, providing excellent income visibility and stability
- Full corporate guarantee from Family Dollar, ensuring dependable payment performance and credit strength.
- Average household income of $121,421 annually in the trade area, supporting consistent demand for value-oriented essentials.
- $5,250 annual increases ($0.50/SF) in each of the five (5), 5-year renewal options, locking in predictable cash flow growth and inflation protection.
FOR SALE DETAILS
PRICE
$1,609,200 USD
PRICE/SF
$153 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,251 SF
ZONING
-
APN/PARCEL ID
61-0051130
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214-692-2289
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214-692-2289
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