10 Year Net Lease Family Dollar/Dollar Tree 802 4th SW st 10,500 SF 4-Star Retail Building Stanley, ND 58784 $2,439,201 CAD ($232.30 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10 Year Net Leased Family Dollar
- Minimal Landlord Obligations
- New Construction
- Brand New Hybrid Store Concept
- Corporate Guarantee
- Well Positioned along 4th St
EXECUTIVE SUMMARY
This is an opportunity to purchase a new 10-year net-leased Family Dollar in
Stanley, 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
4th Street, offering convenient access to U.S. Route 2.
Stanley, 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
4th Street, offering convenient access to U.S. Route 2.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,439,201 CAD
Price Per SF
$232.30 CAD
Cap Rate
8%
NOI
$195,136 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.20 AC
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 61-0051130 | Improvements Assessment | $0 CAD |
| Land Assessment | $57,236 CAD | Total Assessment | $57,236 CAD |
