NNN Dollar General Retail
For Sale
Contact for pricing
Pending
937 3rd St SE, Mayville, ND 58257
Single-tenant retail asset leased under an absolute NNN structure with no landlord obligations.
Property SizeContact for details
Days on Market141
Property Features for 937 3rd St SE
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
AMC Real Estate
Listed By:
Angelo Iacobelli · License #MI 6501442625
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:36AM
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 AMC Real Estate
Investment Insights
Based on property information with market context.
This Dollar General retail property in Mayville, North Dakota is subject to an absolute NNN lease, with no landlord obligations identified in the lease structure. The current lease for the Mayville location runs from 03/22/2017 through 03/31/2032 and includes four five-year renewal options with rental increases.
The lease carries a 7.5% cap rate, and the portfolio materials identify a 3% increase in year 10 of the lease. The property is offered as part of a North Dakota Dollar General portfolio, while the Mayville asset is separately identified by its lease term and operating structure.
The lease carries a 7.5% cap rate, and the portfolio materials identify a 3% increase in year 10 of the lease. The property is offered as part of a North Dakota Dollar General portfolio, while the Mayville asset is separately identified by its lease term and operating structure.
Key Highlights
- Dollar General retail property in Mayville, North Dakota
- Absolute NNN lease with no landlord obligations
- Lease term runs 03/22/2017–03/31/2032
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mayville
Shops & Services
6,421 visits/mo
0.1 miles
Dollar Tree
Shops & Services
3,517 visits/mo
0.2 miles
Dollar General
Shops & Services
3,133 visits/mo
0.1 miles
Cenex
Shops & Services
2,923 visits/mo
0.1 miles
Demographics for 58257, ND
2,174
Population
954
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
124.4 sq mi
ZIP Area
17
Density / Sq Mi
$77,125
Median Household Income
$32,625
Median Earnings
$833
Median Rent
$198,000
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?
NNN property - Single-tenant retail asset leased under an absolute NNN structure with no landlord obligations.
Where is this nnn property located?
The property is located at 937 3rd St SE Mayville, ND.
What are key features of this property?
This property features: Dollar General retail property in Mayville, North Dakota; Absolute NNN lease with no landlord obligations; Lease term runs 03/22/2017–03/31/2032
