Freestanding NNN Retail
For Sale
Contact for pricing
Pending
124 Main St S, Watford City, ND 58854
Net-leased convenience store with a long-term occupancy commitment and a standalone retail building.
Property Size4,958 SF
Lot Size1.83 Acres
Days on Market141
Property Features for 124 Main St S
General Information
Standard status
Pending
Size
4,958 SF
Lot size
1.83 Acres
Property subtype
Retail
Financials
Asking Price
$5,487,417
Cap Rate
6%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Fargo
(515) 415-6103
Listed By:
Chance Lindsey, CCIM, SIOR · License #ND 8608
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 2:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Fargo
Investment Insights
Based on property information with market context.
This freestanding retail property includes a 4,958-square-foot building on a 79,714-square-foot parcel at 124 Main St S in Watford City, North Dakota. The improvements are configured for convenience-store use and are occupied by Kum & Go.
The property is subject to a 20-year net lease, providing a defined lease term for the existing tenancy. The offering also reflects a 6.00% cap rate based on the stated transaction terms.
The property is subject to a 20-year net lease, providing a defined lease term for the existing tenancy. The offering also reflects a 6.00% cap rate based on the stated transaction terms.
Key Highlights
- 4,958‑square‑foot freestanding retail building
- 79,714‑square‑foot land parcel
- Kum & Go is the current tenant
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 58854, ND
9,142
Population
4,941
Households
1.9
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
666.1 sq mi
ZIP Area
14
Density / Sq Mi
$88,234
Median Household Income
$61,278
Median Earnings
$1,212
Median Rent
$387,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Net-leased convenience store with a long-term occupancy commitment and a standalone retail building.
Where is this nnn property located?
The property is located at 124 Main St S Watford City, ND.
What are key features of this property?
This property features: 4,958‑square‑foot freestanding retail building; 79,714‑square‑foot land parcel; Kum & Go is the current tenant
