Skip to main content

Discount

Dollar General | Minnesota | Absolute Net Lease | Signalized Hard Corner Location

815 Minnesota Ave W, Walker (Northern Minnesota), MN 56484

Listing Price: $1,480,144

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
9,149
Guarantor
Corporate Guarantee
Rentable SF
9,149
Price/Gross SF
$161.78
Lease Type
Absolute Net
Rent Per Square Feet
$9.71

Investment Overview

Walker is a city in Cass County, Minnesota and is part of the Brainerd Micropolitan Statistical Area. Minnesota State Highways 34, 200, and 371 are three of the main routes in the city. The Brainerd Micropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of Cass County and Crow Wing County in Northern Minnesota, anchored by the city of Brainerd. As of February 4, 2011 estimate placed the population at 91,067.

Investment Highlights

  • Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access and Excellent Visibility with at a Signalized Hard Corner to Daily Combined Traffic Counts Exceeding 12k Vehicles.
  • Walking Distance from Walker-Hackensack Akeley High School. Limited Competition - Next Nearest Dollar General is more than 10 Miles away.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Discount

Dollar General | Minnesota | Absolute Net Lease | Signalized Hard Corner Location

Listing Price: $1,480,144

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
9,149
Guarantor
Corporate Guarantee
Rentable SF
9,149
Price/Gross SF
$161.78
Lease Type
Absolute Net
Rent Per Square Feet
$9.71

Investment Highlights

  • Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access and Excellent Visibility with at a Signalized Hard Corner to Daily Combined Traffic Counts Exceeding 12k Vehicles.
  • Walking Distance from Walker-Hackensack Akeley High School. Limited Competition - Next Nearest Dollar General is more than 10 Miles away.

Investment Overview

Walker is a city in Cass County, Minnesota and is part of the Brainerd Micropolitan Statistical Area. Minnesota State Highways 34, 200, and 371 are three of the main routes in the city. The Brainerd Micropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of Cass County and Crow Wing County in Northern Minnesota, anchored by the city of Brainerd. As of February 4, 2011 estimate placed the population at 91,067.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

MM Texture Background
MM Textured Background Lower