Dollar General Investment
824 Dakota Ave, Wahpeton, ND 58075
- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 8:53 pm
Property Features for 824 Dakota Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1977
Listing agent Bryan Bender License ##177814 (248) 419-3810
Listing office Bang Realty (248) 419-3810
Listing date Nov 21, 2025
Source Fortisnetlease
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 Bang Realty
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.
- Strategic Location: Situated on a hard corner with high visibility and traffic count (10,006 cars per day).
- Passive Investment Opportunity: Double Net (NN) Lease with minimal landlord responsibilities.
- Established Operation: Store has been open and operating successfully since November 2023.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Location Insight
- Map
- Local Demand
- City
- Wahpeton
- County
- Richland
- State
- North Dakota
- Longitude
- -96.612
- Latitude
- 46.264
FAQs
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 $1,501,534.
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.
