3709 Nd-8 Richardton, ND 58652
This exceptional investment opportunity features a 10,771-square-foot Dollar General store located at 3709 ND-8, Richardton, ND 58652. The property, built in 2013, sits on a one-acre lot and offers ample parking with 40 spaces. Currently operating under a Net Lease agreement with a corporate guarantee, the lease commenced July 10, 2019, and expires July 31, 2029, providing a remaining lease term of approximately 4.7 years. The property boasts a strong 8.00% cap rate and a Net Operating Income (NOI) of $106,149. The lease includes 10% rent bumps during each option period. The property is zoned for commercial use and enjoys 100% occupancy. This Class A storefront is a single-tenant property, providing a stable and predictable income stream. The property's strategic location directly off Interstate 94 ensures high visibility and accessibility. This is a fee-simple ownership opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.