609 Broadway Ave
Kenmare, ND 58746
Dollar General · Retail Property For Sale

Capital Pacific is pleased to present the opportunity to acquire Dollar General in Kenmare, North Dakota, located within the Minot MSA. The subject property is a new construction store featuring a 15-year corporate guaranty from Dollar General, which ranked #123 on the 2018 Fortune 500 list of top companies by revenue. The absolute NNN lease provides investors with a truly “hands off” asset, as there are zero Landlord expense or maintenance obligations. Kenmare is located 40 miles south of a major US/Canada port of entry. Kenmare is located in Ward County, the fourth-most populous county in North Dakota. The city is located along Highway 52 in northern North Dakota. Kenmare offers affordable homes, great schools, a hospital, medical clinic, friendly people, and a variety of jobs. Kenmare is part of the Minot MSA which boasts over 61K people. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 16,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company announced plans in September 2019 to expand its presence to 46 states, adding Washington and Wyoming to the list of states with Dollar General stores.