415 6th St NE | , ND, Kenmare, ND 58746
This exceptional investment opportunity presents a newly constructed, dual-branded Family Dollar/Dollar Tree store in Kenmare, North Dakota. The property boasts a 10-year net lease, significantly minimizing landlord obligations and offering a secure, passive income stream. This is a brand new hybrid store concept, combining the popular Family Dollar and Dollar Tree brands under one roof, maximizing retail potential. The 10,500 square foot building is strategically located on 6th Street NE, providing convenient access to Highway 52, a key transportation route. Kenmare, established in 1897, has a population of approximately 900 residents and benefits from its location on the Central North American Trade Corridor, with proximity to a major customs port in Portal (40 miles) and an international airport in Minot (50 miles). This property offers a compelling investment opportunity due to its new construction, strong tenant, long-term lease, and advantageous location within a thriving community. The lease includes a corporate guarantee, further enhancing the security of this investment. The property is offered at $1,680,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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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.