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Dollar General 937 3rd St SE

9,026 SF Retail Building Mayville, ND 58257 $1,414,890 CAD ($157 CAD/SF) 8.43% Cap Rate

Retail Buildings North Dakota Mayville 937 3rd St SE, Mayville, ND 58257

Investment Highlights

  • 7+ Years left on lease
  • 4 (5) year options
  • NNN Lease no landlord responsibility
  • 10% increase each option period

Executive Summary

NNN Lease, No Landlord Responsibility
9,026 SF on 0.9 Acres of Land
7+ Years Remaining on Lease
Rare 3% Increase in Primary Term
4 (5) Year Options
10% Increases Each Option

Attachments

OM - DG in Mayville, ND 09.16.2024

Data Room Click Here to Access

  • Offering Memorandum
  • Miscellaneous

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2017
Price
$1,414,890 CAD
Price Per SF
$157 CAD
Cap Rate
8.43%
NOI
$119,235 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.90 AC
Frontage
209 ft on 3rd St SE

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
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(248) 736-4360

Contacts

  • Listing ID: 31151206

  • Date on Market: 2024-03-07

  • Last Updated:

  • Address: 937 3rd St SE, Mayville, ND 58257

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Dollar General | 937 3rd St SE
(248) 736-4360 x

Dollar General | 937 3rd St SE

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Brian Kirksey

(248) 736-4360

(248) 736-4360

Angelo Iacobelli

(586) 718-7011

(586) 718-7011

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