1103 1st Avenue, Cando, ND 58324

Building Details

Year Built 2018 More

Tenancy Single More

Listing Agency: SURMOUNT

Listed By: Glen Kunofsky · License NY 49KU1129178 Show Phone

Source: Crexi

Added: Nov 5 Changed: Nov 12 Last Checked: Nov 12 at 5:10AM

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Investment Insights

Based on property information with market context.

This Dollar General retail property in Cando, North Dakota, was constructed in 2018. The store is leased under a 15.01-year triple-net agreement that began on September 1, 2018. The lease provides for 10.00% rent increases in option periods.

Located at 1103 1st Avenue, the property is offered for sale with its existing tenant and lease in place.

Key Highlights

• Dollar General tenant
• 2018 construction
• 15.01‑year triple‑net lease commenced September 1, 2018

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Real Estate Agency Storage Facility Butcher Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

156

Businesses Nearby

Explore this area Business Placement

Demographics for 58324, ND

1,345

Population

691

Households

1.9

Avg Household Size

49

Median Age

21%

College-Educated

89%

High-School Grad

247.2 sq mi

ZIP Area

5

Density / Sq Mi

$56,250

Median Household Income

$45,923

Median Earnings

$757

Median Rent

$144,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

NNN property - The property is occupied by Dollar General under a triple-net lease with scheduled rent increases during option periods.

Where is this nnn property located?

The property is located at 1103 1st Avenue Cando, ND.

What is the asking price?

The asking price for this property is $1,199,107.

What are key features of this property?

This property features: Dollar General tenant; 2018 construction; 15.01‑year triple‑net lease commenced September 1, 2018