List Search

802 4th SW st
Stanley, ND 58784

$1,609,200 USD

Freestanding For Sale  •  10,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,500 SF
  • Lot Size 1.2 AC
  • Building Class A
  • Year Built 2024
  • Cap Rate 8.75 %
  • Tenancy Single
0 Transit Score
27 Walk Score

Highlights

Extremely Attractive 8.75% Cap Rate: Stabilized investment delivering a strong 8.75% cap rate for immediate, reliable cash flow.
Brand-new 2024 build-to-suit specifically for Family Dollar, offering modern facilities with virtually no near-term capital requirements.
±8.25 years left on the initial 10-year lease, providing excellent income visibility and stability
Full corporate guarantee from Family Dollar, ensuring dependable payment performance and credit strength.
Average household income of $121,421 annually in the trade area, supporting consistent demand for value-oriented essentials.
$5,250 annual increases ($0.50/SF) in each of the five (5), 5-year renewal options, locking in predictable cash flow growth and inflation protection.
Cap Rate: 8.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Stanley Amtrak Station (Empire Builder - Amtrak) 2 min 14 min 0.8 mi
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services