Dollar General NNN Retail
For Sale
Contact for pricing
3742 72nd Ave, Parshall, ND 58770
Single-tenant Dollar General store built in 2021 with an absolute NNN lease structure and corporately guaranteed rent.
Property Size9,100 SF
Days on Market144
Property Features for 3742 72nd Ave
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Additional Details
Cap Rate
5.5%
Building Details
Year Built
2021
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 12:44AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a 2021 build-to-suit Dollar General store offering 9,100 SF of retail space. The property is leased on an absolute NNN basis with zero landlord responsibilities, and includes five-year renewal options. The lease provides an initial 15-year term, with four additional renewal options and a 10% rental rate increase at each renewal.
The property is located at 3742 72nd Ave in Parshall, North Dakota, and is positioned for high visibility on 72nd Avenue. The store has been open and operating since December 2021 and is corporately guaranteed by Dollar General Corporation.
The offering is presented as a fee simple investment for buyers seeking an NNN retail asset and includes details of the lease structure and corporate guaranty as key components of the investment profile.
The property is located at 3742 72nd Ave in Parshall, North Dakota, and is positioned for high visibility on 72nd Avenue. The store has been open and operating since December 2021 and is corporately guaranteed by Dollar General Corporation.
The offering is presented as a fee simple investment for buyers seeking an NNN retail asset and includes details of the lease structure and corporate guaranty as key components of the investment profile.
Key Highlights
- 2021‑built, 9,100 SF single‑tenant Dollar General store in Parshall, North Dakota
- 15‑year absolute NNN lease with zero landlord responsibilities
- Corporately guaranteed by Dollar General Corporation (Investment Grade, BBB credit rating)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
2,061 visits/mo
0.3 miles
Demographics for 58770, ND
1,330
Population
934
Households
1.4
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
270.1 sq mi
ZIP Area
5
Density / Sq Mi
$66,167
Median Household Income
$38,657
Median Earnings
$705
Median Rent
$181,000
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 - Single-tenant Dollar General store built in 2021 with an absolute NNN lease structure and corporately guaranteed rent.
Where is this nnn property located?
The property is located at 3742 72nd Ave Parshall, ND.
What are key features of this property?
This property features: 2021‑built, 9,100 SF single‑tenant Dollar General store in Parshall, North Dakota; 15‑year absolute NNN lease with zero landlord responsibilities; Corporately guaranteed by Dollar General Corporation (Investment Grade, BBB credit rating)
