1051 S. Broadway, Pelican Rapids, MN
Retail for Sale - $639,000 - 8,000 Sq. Ft.

Property Info
| CIMLS# | 136421 |
| Location 1051 S. Broadway Pelican Rapids MN 56572 | |
| Updated | August 19th, 2011 |
| Type | Retail |
| Price | $639,000 |
| Building | 8,000 Sq. Ft. |
Property Description
The Family Dollar of Pelican Rapids offers an investor a credit tenant leased property with little management responsibility.
Pelican Rapids is located in the western portion of Minnesota at the intersection of US Route 59 and State Highway 108, 50 miles southeast of Fargo, ND and 200 miles north of Minneapolis. The city population is about 2,300 with an average household income of $37,600.
The property is located on South Broadway (US Route 59) a four lane artery on the corner of 10th Avenue SW, just south of downtown. The 0.72 acre parcel is improved with an 8,000 square foot retail store of steel and block construction completed in 2005.
Family Dollar Stores, Inc. with over 6,800 stores in 44 states is a leading discount retail chain in the United States with sales of $7.8 billion and net income of $74 million in fiscal year 2010. The publically traded company (FDO) is currently rated by Standard and Poor
