Retail Space - For Sale
609 Broadway Avenue Kenmare, ND 58746
Details & Description
Price: $1,664,000
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.050
  • Building Sq Ft 9,026
  • Building Price per Sq Ft $184.36
  • Land Sq Ft 45,738
  • Land Price per Sq Ft $36.38
A Dollar General in Kenmare, North Dakota, located within the Minot MSA.The subject property features a 15-year corporate guaranty from Dollar General, which ranked #112 on the Fortune 500 list of companies. Additionally, the absolute NNN lease structure features zero Landlord expense or maintenance obligations, providing an investor with a “hands-off” investment.Dollar General generated $33.7 billion in sales in FY2020 and $2.7 billion in net income. Dollar General currently operates over 17,000 stores in 46 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors.
Listing Agents
John Andreini
Capital Pacific
O: 415-274-2715
jandreini@capitalpacific.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.

609 Broadway Avenue

Kenmare, ND 58746

Listing ID: 259452
$1,664,000
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.050
  • Building Sq Ft 9,026
  • Building Price per Sq Ft $184.36
  • Land Sq Ft 45,738
  • Land Price per Sq Ft $36.38
  • 609 Broadway Avenue Kenmare, ND 58746 | for Sale | Photo 1
  • 609 Broadway Avenue Kenmare, ND 58746 | for Sale | Photo 2
609 Broadway Avenue | for Sale | Thumbnail 1
609 Broadway Avenue | for Sale | Thumbnail 2
Description

A Dollar General in Kenmare, North Dakota, located within the Minot MSA.

The subject property features a 15-year corporate guaranty from Dollar General, which ranked #112 on the Fortune 500 list of companies. Additionally, the absolute NNN lease structure features zero Landlord expense or maintenance obligations, providing an investor with a “hands-off” investment.

Dollar General generated $33.7 billion in sales in FY2020 and $2.7 billion in net income. Dollar General currently operates over 17,000 stores in 46 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors.

Attachments & Files

Listing Demographics for 609 Broadway Avenue Kenmare, ND 58746

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 Population338774902
Population Median Age424243
Population by Age0-9 Yrs55 (16%)123 (15%)138 (15%)
10-19 Yrs26 (7%)61 (7%)75 (8%)
20-29 Yrs61 (18%)132 (17%)138 (15%)
30-39 Yrs27 (7%)63 (8%)78 (8%)
40-49 Yrs29 (8%)65 (8%)73 (8%)
50-59 Yrs37 (10%)90 (11%)117 (12%)
60-69 Yrs31 (9%)75 (9%)96 (10%)
70+ Yrs73 (21%)166 (21%)189 (20%)
Median HH Income$49,835$55,425$61,884
Total Household Income< 24K35 (22%)79 (22%)90 (21%)
25-49K44 (28%)95 (26%)101 (24%)
50-74K27 (17%)61 (17%)69 (16%)
75-99K12 (7%)33 (9%)49 (11%)
100-199K37 (23%)86 (24%)100 (24%)
200K+1 (0%)4 (1%)5 (1%)
Highest Education LevelNo Diploma194143
Diploma or GED126279306
Some College317494
Assoc. Degree195280
Bachelors Degree266484
Higher Degree81819
Total Housing Units226512583
--Owner-Occupied110254298
--Renter-Occupied47104114
Owner-Occupied Values< 100K62137151
100-199K327488
200-299K143239
300-399K3914
400-499K000
500K+026
Total Working Age Population263605708
In Work Force165379443
Not In Work Force98226265
Workforce Employed156360424
Workforce Unemployed91919
Civlian Workforce165379443
Military Workforce000
Total Households157358412
Family Households90206241
Non-Family Households67151171
Married Couple70159184
Other Family204857
Married w/Child286370
Single Male w/Child000
Single Female w/Child31016

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Dakota642,200+5672,591+23824,344+13931,506
Burke County2,242-121,968+332,610+193,098
Renville County2,610-52,470+102,715+72,911
Ward County58,795+561,675+2879,053+1691,644

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.

Listing Location & Map Views
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210 South Main Street, Aberdeen, SD $119,000 7000 -
Closest Commercial Airports
Airport Distance (mi)
Billings Logan International Airport (BIL) 362
Range Regional Airport (HIB) 436
Duluth International Airport (DLH) 476
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