541 7th Street N
Oakes, ND 58474
Dollar General
| Offering Summary | |||
|---|---|---|---|
| Price | $1,228,867 | Cap Rate | 7.15% |
| NOI | $87,864 | Rentable SF | 9,100 SF |
| Lot Size | 1.33 +/- Acres | Year Built | 2017 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Built in 2017 & Renovated in 2021
- Dollar General (NYSE: DG) Corporate Guarantee (Investment
Grade Credit – S&P Rated BBB) - Rare Rental Increase in Year-11 (February 2027)
- Excellent Visibility & Frontage on North Dakota Hwy 1 (7th Ave)
- Average Household Income Exceeds $92,000 in 3-Mile Radius
- Only Dollar General in 30-Mile Radius & 1/2 Mile From the Only
Hospital in a 60-Mile Radius
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com