Building Details

Year Built 1977

Listing Agency: Bang Realty b***@fortisnetlease.com Show Phone

Listed By: Bryan Bender · License #BR691523000 Show Phone

Source: Fortisnetlease

Added: Nov 21, 2025 Changed: Aug 27 Last Checked: Aug 29 at 7:19AM

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Investment Insights

Based on property information with market context.

This 15,311 square foot Dollar General store is located in Wahpeton, North Dakota. The property is secured with a 10-year Double Net (NN) Lease, with the landlord responsible for roof and restructure. The lease includes 10% rental rate increases at each of the four 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds a 'BBB' credit rating, classified as investment grade. The store, retrofitted from a former Family Dollar, has been open and operating since November 2023. Positioned on the hard corner of 9th Street N and Dakota Avenue, the site benefits from high visibility with a traffic count of 10,006 cars per day. The surrounding area has a ten-mile population of 13,323 and a three-mile average household income of $64,343 per year. The location is surrounded by local businesses and residential homes. The store ranks in the top 20% of all Dollar General stores in North Dakota based on foot traffic. Wahpeton is located along the Red River, across from Breckenridge, Minnesota. It lies at the junction of U.S. Highways 75 and 210, and North Dakota Highway 13, approximately 50 miles south of Fargo. The property has multiple points of ingress and egress.

Key Highlights

• Investment Grade Tenant: Leased to Dollar General Corporation with a "BBB" credit rating.
• Strong Rental Increases: Lease includes 10% rental rate increases at each renewal.
• High‑Performing Store: Ranks in the top 20% of all North Dakota Dollar General stores based on foot traffic.

Property Analytics

Property Profile

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair Carpet & Flooring 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

699

Businesses Nearby

Explore this area Business Placement

Demographics for 58075, ND

9,028

Population

4,251

Households

2.1

Avg Household Size

37

Median Age

24%

College-Educated

95%

High-School Grad

234.5 sq mi

ZIP Area

38

Density / Sq Mi

$64,161

Median Household Income

$34,352

Median Earnings

$756

Median Rent

$178,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

NNN property - Dollar General store in Wahpeton, ND with investment grade credit.

Where is this nnn property located?

The property is located at 824 Dakota Ave Wahpeton, ND.

What is the lease rate?

The lease rate is $1,454,611.

What are key features of this property?

This property features: Investment Grade Tenant: Leased to Dollar General Corporation with a "BBB" credit rating.; Strong Rental Increases: Lease includes 10% rental rate increases at each renewal.; High‑Performing Store: Ranks in the top 20% of all North Dakota Dollar General stores based on foot traffic.