Log In/Sign Up
Your email has been sent.
Family Dollar - Ortonville, MN 116 Monroe Ave 11,628 SF Retail Building Ortonville, MN 56278 $1,349,625 ($116.07/SF) 8% Cap Rate
Investment Highlights
- LONG TERM LEASE STRUCTURE
- REGIONAL DEMAND ANCHOR WITH CROSS-BORDER CAPTURE
- NEW BRAND OWNERSHIP
- CORPORATE GUARANTY
- PROTECTED TRADE AREA WITH MINIMAL COMPETITIVE LEAKAGE
- VALUE-ORIENTED RETAIL STRENGTH
Executive Summary
Atlantic Capital Partners is pleased to present a single-tenant Family Dollar on Monroe Avenue in Ortonville, MN. This freestanding store is secured by a long-term, corporate-backed lease with multiple renewal options, providing durable, creditworthy income. Rent begins shortly after delivery or opening, and the lease includes standard delivery protections. The structure is designed for low-touch ownership: the tenant covers most operating expenses (including taxes and insurance) while the landlord’s role is largely limited to roof, structure, and exterior. Positioned in the county seat’s primary retail corridor serving everyday needs for surrounding communities, the asset offers stable, needs-based cash flow with national-tenant backing.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,628 SF
Building Class
C
Year Built/Renovated
1958/2024
Price
$1,349,625
Price Per SF
$116.07
Cap Rate
8%
NOI
$107,970
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.66 AC
Opportunity Zone
Yes
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 22-0247-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $388,700 |
Property Taxes
Parcel Number
22-0247-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$388,700
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Atlantic Capital Partners
Family Dollar - Ortonville, MN | 116 Monroe Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.