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| Price $1,120,928 | Built/Renov 2017 | Tenant Dollar General |
| Cap Rate 7.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
9,100
| Lease Start
11-01-2017
| #Units
19,986
|
| Price/SF $123.18 | Expiration
10-31-2032
| Tenant Type Dollar/Discount |
| NOI $86,871 | R. Term 7.11 | Ownership Fee Simple |
| Rent/SF
$9.55
| Increases 10.0%/8/yrs | Pop 5Mi 2,431 |
| Lot/AC 1.05 | Options 4/5yrs/10% | AHHI 5Mi $67,799 |
| | |
Dollar General is strategically located at the signalized, hard corner intersection of Main Avenue/U.S. Route 2, with access to a combined daily traffic count of 7,921 vehicles. This prime location is further enhanced by the nearest Dollar General being 9.5 miles away. Additionally, the property is within close proximity to Essentia Health-Deer River Hospital and Clinic. Deer River High...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
Highway location
Absolute NNN
Limited competition
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores . The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 845 | 1,239 | 1,999 |
| 2023 Total Population : | 872 | 1,278 | 2,056 |
| 2023 Employed Civilian Pop : | 325 | 488 | 801 |
| 2023 Total Businesses : | 90 | 116 | 136 |
| 2023 Average Household Income : | $ 60,265 | $ 64,529 | $ 68,414 |
| 2023 Total Consumer Spending : | $ 20 M | $ 30 M | $ 50 M |
| 2023 Median Age : | 42 | 42 | 43 |
| 2023 Total Households : | 378 | 530 | 838 |
| 2023 Pop Age 25+: Bachelor's Degree : | 85 | 134 | 223 |
| 2023 Average Home Value : | $ 178,909 | $ 196,197 | $ 211,989 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| County Road 139 | Main Ave | 2022 | 126 | 0.08 mi |
| Division Street | 3rd Ave NW | 2022 | 3,450 | 0.26 mi |
| Division St | 5th Ave NE | 2017 | 3,500 | 0.27 mi |
| Division St | 2nd Ave NW | 2019 | 3,350 | 0.29 mi |
| Division St | 7th Ave NW | 2019 | 3,450 | 0.33 mi |
| US 2;MN 6 | Division St | 2022 | 6,400 | 0.36 mi |
| 1st Street Northeast | NE 3rd Ave | 2022 | 920 | 0.37 mi |
| US Highway 2 | Hwy 46 | 2022 | 6,100 | 0.37 mi |
| 1st St NE | 6th Ave NE | 2013 | 590 | 0.40 mi |
| 1st Street Northeast | 1st Ave NE | 2022 | 510 | 0.44 mi |
Germantown, IL
Cap Rate 6.85%
Lease Double NN
R. Term 5.00 yrs
Size/SF 9,014
Brohman, MI
Cap Rate 8.10%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,413
Fort Covington, NY
Cap Rate 8.10%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 9,219
Gurley, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.50 yrs
Size/SF 9,100
Brohman, MI
Cap Rate 8.00%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 9,413
Riegelwood, NC
Cap Rate 7.75%
Lease Double NN
R. Term 3.40 yrs
Size/SF 9,180
Macon, GA
Cap Rate 7.50%
Lease Double NN
R. Term 0.20 yrs
Size/SF 8,000
Radford, VA
Cap Rate 7.50%
Lease Abs NNN
R. Term 5.70 yrs
Size/SF 9,026
Wichita, KS
Cap Rate 8.10%
Lease Double NN
R. Term 4.10 yrs
Size/SF 8,320
Cardington, OH
Cap Rate 7.51%
Lease Double NN
R. Term 10.10 yrs
Size/SF 9,180
Schroon Lake, NY
Cap Rate 8.10%
Lease Double NN
R. Term 9.50 yrs
Size/SF 9,184
Garfield, GA
Cap Rate 7.60%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,100
Jennings, FL
Cap Rate 8.50%
Lease Abs NNN
R. Term 6.80 yrs
Size/SF 8,320
Lucedale, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,130
Lonoke, AR
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,014
Phenix City, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.80 yrs
Size/SF 9,100
Southside, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.60 yrs
Size/SF 9,100
Shuqualak, MS
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,090
Ellisville, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.40 yrs
Size/SF 9,226
Jasper, TX
Cap Rate 6.75%
Lease Abs NNN
R. Term 9.11 yrs
Size/SF 9,230
Carthage, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 9,099
Richton, MS
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.80 yrs
Size/SF 9,244
Strongstown, PA
Cap Rate 7.09%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,100
Augusta, WI
Cap Rate 8.50%
Lease Abs NNN
R. Term 4.70 yrs
Size/SF 8,359
Louisville, KY
Cap Rate 7.25%
Lease Double NN
R. Term 7.20 yrs
Size/SF 8,025
Pickens, MS
Cap Rate 8.10%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,232
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
