Family Dollar - Valley City 1346 W Main St 9,130 SF Retail Building Valley City, ND 58072 $1,540,822 CAD ($168.76 CAD/SF) 7.24% Cap Rate

As exclusive advisor, MMG Real Estate Advisors is pleased to present the exceptional opportunity to acquire a Family Dollar single-tenant retail property located at 1346 W Main St, Valley City, North Dakota. Offered at $1,125,000 ($123 per square foot), the property generates a strong net operating income (NOI) of $81,400, delivering a cap rate of 7.24%. The property is fully leased to Family Dollar, a leading national discount retailer, and is strategically positioned in a thriving market area with steady customer demand.
The property benefits from a long-term lease that commenced in 2007, with the current lease term extending through June 30, 2028, and includes two five-year renewal options. The lease is structured as an NN+ lease, with the tenant responsible for roof, structure, and parking maintenance, reducing landlord responsibilities. Rent increases are scheduled every five years at 10%, ensuring long-term rent growth and providing built-in inflation protection for the investor. Valley City’s economy is supported by agriculture, manufacturing, and local commerce, reinforcing the property’s role as an essential retail provider in the area. With full occupancy and limited competition from other retailers, this investment presents a secure, cash-flowing opportunity with stable long-term prospects and potential for property value appreciation.