Industrial NNN Lease Investment

Fastenal | Williston, ND


Sands Investment Group is Pleased to Present Exclusively For Sale the 7,063 SF Fastenal Industrial NNN Lease Investment Property Located at 2211 2nd Avenue W in Williston, North Dakota. This Deal Includes ~6 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

  • ~6 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Fastenal is a Publicly Traded Company (NASDAQ: FAST) With Over 3,000 Locations Across the World
  • Property Was a Build-To-Suit For Fastenal in 2004
  • Tenant Has Been Operating Out of This Site Since 2004, Showing Major Commitment to This Site
  • Located Off the Major Thoroughfare (Traffic Count of 19,776 VPD) Within Williston That Has Potential to Be Leased Out to Different Operators
  • Residents Make an Average Household Income of $106,878 Within a 3-Mile Radius
  • Williston is the 6th Largest City in North Dakota, and Its Economy is Increasingly Driven By the Oil Industry; Williston Sits Atop the Bakken Formation Which is Predicted to Produce More Oil Than Any Other Site in the U.S.
  • Tourism in Williston is Due in Part to Being at the Confluence of the Yellowstone and Missouri Rivers – Part of the Lewis and Clark Expedition; It is Also Near the Theodore Roosevelt National Park
  • Nearby Tenants Include: McDonald’s, Super 8, H&R Block, Ace Hardware, AT&T, NAPA Auto Parts, Subway, Williston Motors GMC Dealership, Good Year, Mobil, KFC and More

In Cooperation With ParaSell, Inc., A Licensed North Dakota Broker BoR: Scott Reid – Lic. # 3285

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Burger King | Bismarck, ND

 

  • Brand New Ground Up Development – Grand Opening Scheduled for January 8, 2018
  • Absolute Triple Net Lease with Long Term Lease of 20 Years
  • Outparcel to a Newly Constructed Grocery Anchored Center
  • Annual Rent Escalations of 1.25%
  • Guaranteed by a 100+ Unit Franchise Entity That Operates Three National Concepts in Eight States (Burger King, El Pollo Loco and Chili’s)
  • The Unemployment Rate in Bismarck is 2.50%
  • Today’s Job Growth is 2.53% – Future Job Growth Over the Next 10 Years is Predicted to be 42.56%
  • On the Corner of Two Major Road Ways, Centennial Road and Century Avenue That Provide Direct Routes to Residential Neighborhoods with Projected High Growth in Single and Multi-Family Residents

In Cooperation with JDS Real Estate Services, Inc

BoR: Jennifer D. Stein – Lic. # 9646

Gander Mountain

NNN lease
Rent increases every 5 years
Featuring access & visibility from Interstate 94 and Interstate 29
Tenant actively expanding nationwide – 119 locations in 23 states
Nearby retailers include: Target, Kohl’s, Michaels, Big Lots, PetSmart, Home Depot, Sam’s Club & Walmart Supercenter