Family Dollar Retail
For Sale
Contact for pricing
1346 W Main St, Valley City, ND 58072
Single-tenant Family Dollar property in Valley City, North Dakota.
Property Size9,130 SF
Price / SF$123.22
Days on Market173
Property Features for 1346 W Main St
General Information
Standard status
Active
Size
9,130 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #CQ1059597
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 10 at 8:49AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
The Family Dollar property, located at 1346 W Main St, Valley City, North Dakota, is available for acquisition. The property is a single-tenant retail space fully leased to Family Dollar. The property generates a net operating income of $81,400, reflecting a cap rate of 7.24%. The asking price is $1,125,000, which translates to $123 per square foot. The lease commenced in 2007 and extends through June 30, 2028, with two five-year renewal options. The lease is structured as an NN+ lease, with the tenant responsible for roof, structure, and parking maintenance. Rent increases are scheduled every five years at 10%. Valley City's economy is supported by agriculture, manufacturing, and local commerce, reinforcing the property's role as an essential retail provider in the area. The property size is 9,130 square feet.
Key Highlights
- Long‑term lease to Family Dollar extending through June 30, 2028, with two five‑year renewal options, providing stable income.
- Strong net operating income (NOI) of $81,400 and a 7.24% cap rate, indicating a solid return on investment.**
- NN+ lease structure with tenant responsible for roof, structure, and parking maintenance, minimizing landlord responsibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 25%
Electronics 7%
Taco John's
Dining
6,608 visits/mo
0.3 miles
First Community Credit Union
Shops & Services
2,704 visits/mo
0.5 miles
Jimmy's Pizza
Dining
759 visits/mo
0.4 miles
Verizon
Electronics
747 visits/mo
0.2 miles
Demographics for 58072, ND
7,999
Population
3,970
Households
2
Avg Household Size
43
Median Age
32%
College-Educated
96%
High-School Grad
327.6 sq mi
ZIP Area
24
Density / Sq Mi
$66,603
Median Household Income
$38,097
Median Earnings
$792
Median Rent
$170,500
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?
Grocery and convenience store - Single-tenant Family Dollar property in Valley City, North Dakota.
Where is this grocery and convenience store located?
The property is located at 1346 W Main St Valley City, ND.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Long‑term lease to Family Dollar extending through June 30, 2028, with two five‑year renewal options, providing stable income.; Strong net operating income (NOI) of $81,400 and a 7.24% cap rate, indicating a solid return on investment.**; NN+ lease structure with tenant responsible for roof, structure, and parking maintenance, minimizing landlord responsibilities.
