416 6Th St NE Kenmare, ND 58746

The Kase Group is pleased to offer the opportunity to acquire a net-leased Family Dollar location in Kenmare, North Dakota, featuring a 10-year term with minimal landlord responsibilities. The lease includes six 5-year renewal options, each with a $0.50/SF rent increase, ensuring future income growth. The lease is backed by a corporate guarantee from Family Dollar. This Family Dollar property is strategically located along 6th Street in Kenmare, providing excellent visibility and easy access to Highway 52. The property benefits from a central position in a growing area of the city, attracting a steady flow of customers both locally and from nearby areas. The asset’s strong positioning in the retail market is further amplified by its location in a well-established neighborhood with minimal competing retailers nearby. This allows Family Dollar to serve as a go-to discount store for local residents. Additionally, its proximity to major transportation routes enhances its appeal to customers and increases potential foot traffic.