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1701 Highway 2 E
Devils Lake, ND 58301
Retail Property For Sale
Investment Highlights
- Absolute Net Burger King | Operated by Dakota Restaurant Partners, Inc. (14 Units | 10 Located in North Dakota)
- Percentage Rent Upside: Annual Base Rent to Equal 7.5% of Sales, in No Event to be Less Than the Previous Year (Percentage Rent Starts 11/1/2026)
- Across from Walmart Supercenter | 1.7M Annual Visitors | Next Nearest Walmart is in Grand Forks (85 Miles Away)
- 15 Years Lease Term Remaining | (4) 5-Year Options
- Strategic Location: the Only Burger King within an 80-Mile Radius (Only 15 Burger Kings in North Dakota) | Limited Competition in the Marketplace
- Devils Lake is North Dakota’s Premier Vacation Destination | 160,000-Acre Lake | Multiple Resorts, Hotels, & Campgrounds
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.96 AC
Zoning
C-1 - Commercial
Parking
27 Spaces (6.14 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 39020100005000 | Improvements Assessment | $453,200 |
| Land Assessment | $125,450 | Total Assessment | $578,650 |
Property Taxes
Parcel Number
39020100005000
Land Assessment
$125,450
Improvements Assessment
$453,200
Total Assessment
$578,650
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