Available Properties
Dollar General – Mayville, ND
- 937 3rd St SE E - Mayville, ND 58257
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $1,030,000
- 8.14%
- 7.5 Years
- Absolute NNN
- Corporately Guaranteed
Highlights
- Rare 3% Increase in Primary Term
- Located near the Sanford Mayville Medical Center
- Located next to Mayport Farmers Co-Op
- Located across from Stand Ready-Mix
- 1 Mile away from Mayville State University
- Mayville is known for its good schools and healthcare facilities.
- Located near Alton Grain Terminal, Kelly Bean Company and Valley United Co-Op
Sale Description
We are pleased to offer for sale this prime investment opportunity: a 9,026 SF Dollar General property in the thriving community of Mayville, North Dakota. Built in 2017 and situated on a 0.9-acre lot, this property boasts a solid 8.12% cap rate with a long-term absolute NNN lease, offering 7.5 years of remaining term. Positioned near Mayville State University and other key local businesses, this asset provides a stable income stream with minimal management responsibilities.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
2,356 |
$74,688 |
|
5 Mile |
2,709 |
$76,007 |
|
10 Mile |
3,353 |
$79,392 |
