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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

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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

Broker of Record
Brian Brockman
License # 10200, 3269
Bang Realty- Dakotas, Inc.
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$1,609,200
Price Per SF
$153.26
Cap Rate
8.75%
NOI
$140,805
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.20 AC

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

Cash Wise
BNC National Bank
Champs Chicken

Property Taxes

Property Taxes

Parcel Number
61-0051130
Land Assessment
$40,000
Improvements Assessment
$0
Total Assessment
$40,000
  • Listing ID: 39432822

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 802 4th SW st, Stanley, ND 58784

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