4th Street SE Crosby, ND 58730

Listing office Lunnen Real Estate Services b***@fortisnetlease.com Show Phone

Listing date Mar 5, 2026

Source Lunnennorthdakota

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Investment Insights

Based on property information with market context.

This property features a new 9,100 SF Dollar General store in Crosby, North Dakota. Constructed in 2020, the building is subject to a 15-year absolute NNN lease, offering zero landlord responsibilities. The lease includes 4 options to renew, each for 5 years, with a 10% rental rate increase at each option. The lease is corporately guaranteed by Dollar General Corporation, which holds a 'BBB' credit rating, classified as investment grade. Construction is scheduled to begin soon, with rent commencement slated for November 2020. Crosby, the County Seat, is located approximately 35 miles east of the Montana border and 6 miles south of the Canadian border. The surrounding area has a five-mile household income of $70,380 and a ten-mile population of 1,474. Traffic counts are reported at 3,287 cars per day at 102nd Street NW and 4th Street SE. Dollar General has reported 30 consecutive years of same store sales growth.

Key Highlights

• New 15 Year Absolute NNN Lease, offering zero landlord responsibilities.
• Investment Grade Dollar Store with "BBB" Credit Rating.
• Brand New 2020 BTS Construction.

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Grocery and convenience store - New construction Dollar General with 15-year absolute NNN lease.

Where is this grocery and convenience store located?

The property is located at 4th Street SE Crosby, ND.

What is the asking price?

The asking price for this property is $1,424,492.

What are key features of this property?

This property features: New 15 Year Absolute NNN Lease, offering zero landlord responsibilities.; Investment Grade Dollar Store with "BBB" Credit Rating.; Brand New 2020 BTS Construction.