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802 4th SW st 10,500 SF 4-Star Retail Building Stanley, ND 58784 $1,609,200 ($153.26/SF) 8.75% Cap Rate



Investment Highlights
- Extremely Attractive 8.75% Cap Rate: Stabilized investment delivering a strong 8.75% cap rate for immediate, reliable cash flow.
- ±8.25 years left on the initial 10-year lease, providing excellent income visibility and stability
- Average household income of $121,421 annually in the trade area, supporting consistent demand for value-oriented essentials.
- Brand-new 2024 build-to-suit specifically for Family Dollar, offering modern facilities with virtually no near-term capital requirements.
- Full corporate guarantee from Family Dollar, ensuring dependable payment performance and credit strength.
- $5,250 annual increases ($0.50/SF) in each of the five (5), 5-year renewal options, locking in predictable cash flow growth and inflation protection.
Executive Summary
Brian Brockman
License # 10200, 3269
Bang Realty- Dakotas, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 61-0051130 | Improvements Assessment | $0 |
| Land Assessment | $40,000 | Total Assessment | $40,000 |
Property Taxes
Presented by
802 4th SW st
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