The Family Dollor of Jamestown offers an investor a credit tenant leased property with little management responsibility.

The property is located on the corner of 10th Street and Fifth Avenue. 10th Street is a four lane artery serving as the business loop for Interstate 94 and has a traffic count of about 18,675 vehicles per day. The 0.64 acre parcel is improved with an 8,000 square foot retail store of steel and block construction completed in 2005.

This investment is available for sale individually or as part of a five property portfolio.

Location Description:

Jamestown is located in southeast North Dakota at the intersection of Interstate 94 and Highway 281 midway between Bismarck (state capitol) and Fargo (largest city). The city population is about 21,000 with an average household income of $57,900.

Highlights:

>> Family Dollar-Fortune 500-S&P BBB rating

>> 9.75% Cap Rate

>> December 2015 lease expiration; Five 5-yr renewals

>> Sold individually or as part of a 5 bldg portfolio

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