416 6th St NE, Kenmare, ND 58746
Net-leased Family Dollar in Kenmare, ND with corporate guarantee.
- Added:
- Feb 9, 2026
- Days on Market:
- 138
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 416 6th St NE
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Retail
Listing office The Kase Group
Listing date Feb 9, 2026
Source Crexi
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 The Kase Group
HighLights
- 10‑year net lease, minimal landlord responsibilities for stable income.
- Corporate guarantee from Family Dollar ensures lease security.
- Six 5‑year renewal options with rent increases for future growth.
- Strategic location on 6th Street with excellent visibility and access to Highway 52.
- Central position in a growing area, attracting customers.
- Located in a well‑established neighborhood with minimal competing retailers.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.0k | $12.00 |
| − Vacancy | −$2.6k | −$0.25 |
| EGI | $123.4k | $11.75 |
| − OpEx | −$37.0k | −$3.52 |
| NOI | $86.3k | $8.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kenmare
- County
- Ward
- State
- North Dakota
- Longitude
- -102.089504
- Latitude
- 48.676682
