Dollar General

CONTACT US REGARDING THIS LISTING

Robert Bender

Managing Partner

Andrew Bender

Investment Advisor

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PROPERTY ADDRESS

381 1ST STREET S., NEW ROCKFORD, ND 58356

PROPERTY INFORMATION

Price:
$1,213,000
Cap Rate:
7.0%
Term Remaining:
14+ years Years
Year Built:
2018
Status:
Available

INVESTMENT HIGHLIGHTS

  • Brand New 9,100 SF Dollar General Store
  • Newer 15 Year Absolute NNN Lease | No Landlord Responsibilities
  • 10% Rent Increases at Each Option | Five, Five Year Options
  • Corporate Guarantee | “BBB” S&P Rating
  • Ideal "Small Market" For DG's Business Model
  • 10 Mile Population Exceeds 1,800 Residents
  • 10 Mile Average Household Income Exceeds $64,000
  • 10 Mile Median Home Value Exceeds $78,000