1106 4Th Ave NW Minot, ND 58703
For Sale
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This single tenant Dollar General property in Minot, North Dakota represents a rare opportunity to acquire a corporate-guaranteed, absolute NNN investment with 10% rent increases at each option period. Located at 1106 4th Avenue NW, the 9,100 SF building sits on 0.87 acres in downtown Minot, a critical regional trade center for northern North Dakota. The property is strategically positioned on 4th Avenue NW, the primary east-west thoroughfare linking residential and university areas directly to the U.S. Highway 83 Bypass. According to Placer.ai, this location ranks as the #7 Dollar General store in North Dakota and in the top 20th percentile nationally, demonstrating strong performance in a market supported by stable military, energy, healthcare, and agricultural employment drivers anchored by Minot Air Force Base. The legacy lease structure delivers approximately $286,000 more income through 2055 compared to a new Dollar General lease, with 10% option increases significantly outpacing the typical 5% structure found in newer leases. With approximately 9 years remaining on the current term and four 5-year options, this investment offers long-term passive income backed by Dollar General Corporation, a Fortune 500 company with investment-grade credit rating (Baa3/BBB). The trade area features affluent demographics with $97,217 average household income within 3 miles supporting $530.8M in annual consumer spending, while limited small box discount competition in the immediate area provides Dollar General with a strong competitive position in this market.
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Dollar General Discount Store
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Western Union Bank Credit Union
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FedEx OnSite Postal Service Courier Service
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
Similar Nearby for Sale
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.