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8179 Highway 32
Gwinner, ND 58040

$1,008,917 USD

Convenience Store For Sale  •  9,100 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 9,100 SF
  • Lot Size 1.52 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.85 %
  • Tenancy Single
0 Transit Score
23 Walk Score

Highlights

2017 Construction Absolute-Net Dollar General with 7+ years remaining / Attractive Low price point
Strategically located next to the Bobcat Manufacturing Facility and its 1,500 employees
Rare 3% rent increase beginning in year 11 of the initial term.
Zero competition – next closest Dollar General is over 14 miles away.
Economic Stability: Gwinner is home to one of Bobcat's largest production facilities, ensuring a steady, employed population with disposable income.

Property Flyers

Cap Rate: 7.85 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,100 SF 2/29/2032
Chapman Brown 205-908-1661 Marcus & Millichap
Chapman Brown 205-908-1661 Marcus & Millichap