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501 Main St E
Mohall, ND 58761

$1,275,000 USD

Freestanding For Sale  •  9,100 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,100 SF
• Lot Size 0.63 AC
• Building Class B
• Year Built 2020
• Cap Rate 7.41 %
• Tenancy Single
• Zoning C-1

30 Walk Score

Highlights

Investment grade tenant — Dollar General Corp., Fortune 500, S&P credit rating of BBB

Corporate guarantee by Dollar General Corp. (NYSE:DG) for added financial assurance

Absolute NNN lease — zero landlord responsibilities for maintenance or expenses

±9.1 years remaining with four 5-year renewal options and 10% rent increases each

Build-To-Suit construction in 2020; renovated by Dollar General in 2025

Above-market yield with limited retail competition in the trade area

Cap Rate:

7.41 %