Log In/Sign Up
Your email has been sent.
116 Monroe Ave
Ortonville, MN 56278
Family Dollar - Ortonville, MN · Retail Property For Sale
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.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,628 SF
Building Class
C
Year Built/Renovated
1958/2024
Price
$1,862,199 CAD
Price Per SF
$160.15 CAD
Cap Rate
8%
NOI
$148,976 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.66 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 22-0247-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $537,339 CAD |
Property Taxes
Parcel Number
22-0247-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$537,339 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
