Retail Space
1346 West Main Street Valley City, ND 58072
Details & Description
Price: $930,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, freestanding, Family Dollar investment property located in Valley City, North Dakota. The tenant, Family Dollar Store, is currently in their first option term with approximately 2 years remaining, and has 5 (5-year) option periods to extend. The lease features 10% rental increases every 5 years at the beginning of each option period, growing NOI and hedging against inflation. The lease is corporate guaranteed by Family Dollar Stores (S&P: BBB) and is NNN with limited landlord responsibilities limited to roof and structure.
    Listing Agents
    Dale Robbins

    O: 949-270-8200
    M: 213-905-0843
    dale.robbins@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1346 West Main Street

    Valley City, ND 58072

    Listing ID: 255921
    • 1346 West Main Street Valley City, ND 58072 | for Sale | Photo 1
    • 1346 West Main Street Valley City, ND 58072 | for Sale | Photo 2
    1346 West Main Street | for Sale | Thumbnail 1
    1346 West Main Street | for Sale | Thumbnail 2
    Building Size: 9,130 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $101.86
    Land $/SF: $21.35
    Price
    $930,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, freestanding, Family Dollar investment property located in Valley City, North Dakota. The tenant, Family Dollar Store, is currently in their first option term with approximately 2 years remaining, and has 5 (5-year) option periods to extend. The lease features 10% rental increases every 5 years at the beginning of each option period, growing NOI and hedging against inflation. The lease is corporate guaranteed by Family Dollar Stores (S&P: BBB) and is NNN with limited landlord responsibilities limited to roof and structure.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Valley City Area Market Trends

    Listing Demographics for 1346 West Main Street Valley City, ND 58072

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,2536,3946,698
    Population Median Age384243
    Population by Age0-9 Yrs227 (10%)538 (8%)562 (8%)
    10-19 Yrs277 (12%)838 (13%)875 (13%)
    20-29 Yrs508 (22%)1063 (16%)1087 (16%)
    30-39 Yrs262 (11%)558 (8%)577 (8%)
    40-49 Yrs260 (11%)695 (10%)721 (10%)
    50-59 Yrs296 (13%)888 (13%)936 (13%)
    60-69 Yrs161 (7%)755 (11%)818 (12%)
    70+ Yrs262 (11%)1060 (16%)1122 (16%)
    Median HH Income$47,408$47,379$47,594
    Total Household Income< 24K288 (26%)884 (28%)922 (27%)
    25-49K287 (26%)777 (24%)813 (24%)
    50-74K158 (14%)427 (13%)448 (13%)
    75-99K141 (13%)408 (12%)429 (13%)
    100-199K168 (15%)566 (18%)596 (18%)
    200K+34 (3%)78 (2%)90 (2%)
    Highest Education LevelNo Diploma112408420
    Diploma or GED51014441519
    Some College275849914
    Assoc. Degree119372386
    Bachelors Degree285945994
    Higher Degree131428448
    Total Housing Units1,1963,4103,589
    --Owner-Occupied5651,8601,979
    --Renter-Occupied5101,2811,319
    Owner-Occupied Values< 100K221686739
    100-199K235811843
    200-299K73262279
    300-399K144754
    400-499K143844
    500K+71620
    Total Working Age Population1,9065,4175,679
    In Work Force1,3933,7203,878
    Not In Work Force5131,6961,801
    Workforce Employed1,3543,6433,799
    Workforce Unemployed387778
    Civlian Workforce1,3933,7203,878
    Military Workforce000
    Total Households1,0753,1403,298
    Family Households5301,5561,651
    Non-Family Households5451,5851,647
    Married Couple4181,2651,343
    Other Family112290308
    Married w/Child135477496
    Single Male w/Child3195106
    Single Female w/Child235759

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Dakota642,200+5672,591+23824,344+13931,506
    Barnes County11,775-611,066+111,227011,263

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1346 West Main Street in Valley City?
    The asking price for 1346 West Main Street is $930,000
    What is the building size of this Retail property in Valley City, ND?
    The size of the building/unit at 1346 West Main Street in Valley City is 9,130 square feet
    How much land does the Valley City, ND property at 1346 West Main Street include?
    1346 West Main Street in Valley City includes 1.000 acres of land
    What kind of Retail is the propery at 1346 West Main Street?
    The property at 1346 West Main Street Valley City, ND 58072 is listed as a Food Service Retail property
    What is the population within 1 mile of 1346 West Main Street in Valley City?
    The population within 1 mile of 1346 West Main Street Valley City, ND 58072 is 2,253 people.
    Who do I contact for questions about 1346 West Main Street?
    You should contact the listing agent, Dale Robbins, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Range Regional Airport (HIB) 246
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 270
    Duluth International Airport (DLH) 275