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381 1st St S
New Rockford, ND 58356

$1,061,475 USD

Freestanding For Sale  •  9,100 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,100 SF
• Lot Size 1.63 AC
• Building Class B
• Year Built 2018
• Tenancy Single
• Zoning C2

30 Walk Score

Highlights

Investment-grade credit: Dollar General Corp. (NYSE: DG), S&P rated BBB, Fortune 500 company.

Corporate guarantee from Dollar General Corp. provides additional credit support and income security.

Absolute NNN lease minimizes landlord responsibilities for a highly passive ownership structure.

±6.8 years of remaining lease term with predictable near-term cash flow and income visibility.

Five 5-year renewal options, each with a 10% rental increase, offering long-term rent growth.

Build-to-Suit construction in 2018, designed specifically for Dollar General's operational requirements.

Amenities

• Signage
• Wheelchair Accessible
• Air Conditioning