5th Ave. NE & N Raymond St
Northwood, ND 58267
Dollar General · Retail Property For Sale

Capital Pacific is pleased to present the opportunity to acquire an absolute NNN Dollar General in Northwood, North Dakota. The subject property is a new construction store that features an absolute NNN lease and zero Landlord expense obligations providing an investor with a truly “hands-off” passive investment asset. Dollar General which ranked #123 on the 2018 Fortune 500 list of top companies by revenue benefits from being the only dollar store concept within the extended trade area. Located in the heart of the Red River Valley, Northwood is a city known for some of the most fertile farmland in the country. Northwood is approximately 35 miles southwest of Grand Forks, the 3rd largest city in North Dakota. With an unemployment rate of 2.1%, a thriving economy with a steady tax base helps Northwood retain its talent and critical industries. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 15,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors. Dollar General’s stock is up 45% over the past 24 months.