Listing Agency: SRS Real Estate Partners Newport Beach p***@srsre.com Show Phone

Listed By: Matthew Mousavi · License #CA 01732226

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 2:48PM

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Investment Insights

Based on property information with market context.

This retail property is offered for sale and is presented with a stated 20.93% cap rate. The building size is listed at 9,026 SF.

The property is located on 6th Street SE in Hankinson, ND 58041.

For buyers and brokers evaluating retail acquisitions, the published figures provide a starting point for underwriting based on the listed cap rate and total building size.

Key Highlights

• Retail property offered for sale with a stated 20.93% cap rate
• 9,026 SF retail building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Building Supply Storage Facility Furniture & Home Goods Grocery & Convenience Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

151

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

2,270 visits/mo 0.3 miles

First Community Credit Union Shops & Services

1,219 visits/mo 0.3 miles

Demographics for 58041, ND

1,575

Population

734

Households

2.1

Avg Household Size

48

Median Age

18%

College-Educated

93%

High-School Grad

197.4 sq mi

ZIP Area

8

Density / Sq Mi

$80,357

Median Household Income

$44,740

Median Earnings

$450

Median Rent

$144,700

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with a stated 20.93% cap rate and 9,026 SF building size.

Where is this retail space located?

The property is located at 6th Street SE Hankinson, ND.

What are key features of this property?

This property features: Retail property offered for sale with a stated 20.93% cap rate; 9,026 SF retail building