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Dollar General 4027 Highway 37 SE 10,400 SF 100% Leased Retail Building Garrison, ND 58540 $1,225,074 ($117.80/SF) 7.35% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 2019 build-to-suit premium brick exterior for Dollar General with ± 9 years remaining on an initial 15-year absolute NNN lease.
  • Prime location along HWY 37, the primary commercial corridor and main thoroughfare through Garrison, North Dakota.
  • Dollar General carries an investment-grade credit rating of BBB (S&P).
  • Minimal competition — the nearest national dollar-store competitor is more than 10 miles away, supporting Dollar General’s stronghold in the local mar
  • Just ½ mile from the area’s only 24/7 hospital, providing consistent daily traffic and strong community reliance.
  • With approximately 20,600 locations nationwide, the company continues to pursue aggressive expansion.

EXECUTIVE SUMMARY

Broker of Record
Brian Brockman
License # 3269 (ND)
Bang Realty- Dakotas, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,400 SF
Year Built
2019
Price
$1,225,074
Price Per SF
$117.80
Cap Rate
7.35%
NOI
$90,043
Percent Leased
100%
Building Height
1 Story

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
75 3001 00083 000
Land Assessment
$32,500
Improvements Assessment
$363,350
Total Assessment
$395,850
  • Listing ID: 38709902

  • Date on Market: 12/9/2025

  • Last Updated:

  • Address: 4027 Highway 37 SE, Garrison, ND 58540

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