Listing Agency: SRS Real Estate Partners Newport Beach

Listed By: Patrick R. Luther, CCIM · License #01912215 Show Phone

Source: Crexi

Added: Apr 10 Changed: Sep 1 Last Checked: Sep 4 at 9:12PM

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Investment Insights

Based on property information with market context.

This brand-new Dollar General building is offered with a 15-year corporate-guaranteed lease and an absolute NNN structure. Fee simple ownership accompanies the property, with the lease structure assigning landlord responsibilities to the tenant.

The property includes prominent pylon signage and is positioned along a primary thoroughfare. The source information identifies proximity to Fargo, ND and limited competition in the surrounding market.

Key Highlights

• 15‑year corporate‑guaranteed lease
• Absolute NNN lease structure
• Brand‑new building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop Plumbing Service Storage Facility Grocery & Convenience Store

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

88

Businesses Nearby

Explore this area Business Placement

Demographics for 58040, ND

1,093

Population

520

Households

2.1

Avg Household Size

40

Median Age

18%

College-Educated

91%

High-School Grad

75.4 sq mi

ZIP Area

14

Density / Sq Mi

$71,094

Median Household Income

$47,316

Median Earnings

$905

Median Rent

$179,200

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 nnn properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

NNN property - Brand-new retail building backed by a long-term corporate lease and fee simple ownership.

Where is this nnn property located?

The property is located at 131st Avenue SE Crete, ND.

What are key features of this property?

This property features: 15‑year corporate‑guaranteed lease; Absolute NNN lease structure; Brand‑new building