Listed by SVN | Silveri Company
$1,169,000
Absolute NNN Leased Dollar General
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 9,337
Cap Rate 7%
NOI $81,830
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Broker Co-Op Yes
Acreage 1.780
Investment Type Net Lease
Retail | 7.00% CAP | 9,337 SqFt
Marketing description
The SVN Colvin Team is pleased to present this Absolute Triple Net Dollar General in western Minnesota.
The base lease term runs to September 30, 2030, plus five renewal periods of five years each, with 10% rent increases in each one.
This busy Dollar General is located just off the I-90 exit on Highway 91 and surrounded by commercial and residential. There are over 4,000 people living within a ten mile radius.
Co-listed with MN Broker of Record SVN Northco.
Listing Contacts
Listed by SVN | Silveri Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,830.00
$6,819.17/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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