415 6th St NE - Retail FOR SALE


Kenmare, ND 58746
$1,680,000 USD
925-348-1844
415 6th St NE, Kenmare, ND for Sale
$1,680,000 USD
Retail - FOR SALE
1/1
null | 8% Cap Rate

415 6th St NE
Kenmare, ND 58746


HIGHLIGHTS

  • New 10 Year Net Leased Family Dollar
  • Brand New Hybrid Store Concept
  • Minimal Landlord Obligations
  • Corporate Guarantee
  • New Construction

OVERVIEW

This is an opportunity to purchase a new 10-year net-leased Family Dollar in Kenmare, North Dakota. The lease calls for minimal landlord obligations. This building features the latest dual-branded format, offering both Family Dollar and Dollar Tree merchandise. The lease includes six 5-year renewal options with $0.50/SF rent increases in each option period. The asset is ideally situated along 6th Street, offering convenient access to Highway 52.

FOR SALE DETAILS

PRICE

$1,680,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Year Net Lease Family Dollar/Dollar Tree

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

KM-17002-060-003-1

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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