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Family Dollar - Ortonville, MN 116 Monroe Ave 11,628 SF Retail Building Ortonville, MN 56278 $1,853,170 CAD ($159.37 CAD/SF) 8% Cap Rate

Retail Buildings Minnesota Ortonville 116 Monroe Ave, Ortonville, MN 56278

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Investment Highlights

  • LONG TERM LEASE STRUCTURE
  • REGIONAL DEMAND ANCHOR WITH CROSS-BORDER CAPTURE
  • NEW BRAND OWNERSHIP
  • CORPORATE GUARANTY
  • PROTECTED TRADE AREA WITH MINIMAL COMPETITIVE LEAKAGE
  • VALUE-ORIENTED RETAIL STRENGTH

Executive Summary

Atlantic Capital Partners is pleased to present a single-tenant Family Dollar on Monroe Avenue in Ortonville, MN. This freestanding store is secured by a long-term, corporate-backed lease with multiple renewal options, providing durable, creditworthy income. Rent begins shortly after delivery or opening, and the lease includes standard delivery protections. The structure is designed for low-touch ownership: the tenant covers most operating expenses (including taxes and insurance) while the landlord’s role is largely limited to roof, structure, and exterior. Positioned in the county seat’s primary retail corridor serving everyday needs for surrounding communities, the asset offers stable, needs-based cash flow with national-tenant backing.

Attachments

Ortonville MN - Family Dollar OM - compressed

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,628 SF
Building Class
C
Year Built/Renovated
1958/2024
Price
$1,853,170 CAD
Price Per SF
$159.37 CAD
Cap Rate
8%
NOI
$148,254 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.66 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Family Dollar est un endroit idéal pour faire du magasinage lorsqu'il s'agit de livrer qualité et valeur sur les articles essentiels de la famille dans un endroit pratique. Leurs magasins sont idéalement situés dans des quartiers, et souvent dans des « déserts alimentaires » où d'autres magasins choisissent de ne pas s'installer, offrant une option pratique et proche de chez eux où les clients peuvent acheter des produits essentiels. En installant des magasins dans des endroits où d'autres ne le veulent pas, Family Dollar améliore l'abordabilité et la disponibilité des produits essentiels. Ils font gagner du temps et de l'argent à leurs clients et les aident à faire plus, même avec un budget serré. Leurs magasins Family Dollar se concentrent sur la fourniture d'articles essentiels pour la famille à un rapport qualité-prix supérieur. Ils offrent des marques nationales à prix compétitifs provenant de grands fabricants ainsi que des marques privées de valeur équivalente et à prix inférieur. Leurs allées sont pleines de nourriture et de boissons, de produits en papier, de fournitures de santé et de beauté, d'aliments pour animaux de compagnie, de produits pour la maison, de vêtements et d'accessoires, etc.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Source: Local Logic®

Property Taxes

Parcel Number 22-0247-000 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $533,724 CAD

Property Taxes

Parcel Number
22-0247-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$533,724 CAD
(847) 722-0865

Still interested?

Contact the brokers for more information about this property

Contacts

  • Zack Hilgendorf
    Zack Hilgendorf
  • Nick Hilgendorf
    Nick Hilgendorf
  • Kendra Doherty
    Kendra Doherty

  • Listing ID: 40172716

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 116 Monroe Ave, Ortonville, MN 56278

The Retail Property at 116 Monroe Ave, Ortonville, MN 56278 is currently available for Sale. Contact Atlantic Capital Partners for more information.

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Family Dollar - Ortonville, MN | 116 Monroe Ave
(847) 722-0865 x

Family Dollar - Ortonville, MN | 116 Monroe Ave

Zack Hilgendorf
(847) 722-0865

Nick Hilgendorf
(847) 414-4749

Kendra Doherty
(857) 400-1568

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