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Dollar General | Minnesota | Absolute Net Lease | Hard Corner Location | Near Hospital & Airport

410 2nd St NE, Elbow Lake (Western MN), MN 56531

Listing Price: $1,419,442

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
9,183
Guarantor
Corporate Guarantee
Rentable SF
9,183
Price/Gross SF
$154.57
Lease Type
Absolute Net
Rent Per Square Feet
$9.27

Investment Overview

Elbow Lake is a city in, and the county seat of, Grant County, Minnesota. U.S. Highway 59 and Minnesota State Highways 55 and 79 are four of the main routes in the city. Elbow Lake is 12 miles west of Interstate Highway 94.

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 Hard Corner. Limited Competition - The Next Nearest Dollar General is 20 Miles away.
  • Walking Distance from Prairie Ridge Hospital & Health Services and WCA North Elementary School. Less than 2 Miles from Pride of the Prairie Airport.

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 | Hard Corner Location | Near Hospital & Airport

Listing Price: $1,419,442

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
9,183
Guarantor
Corporate Guarantee
Rentable SF
9,183
Price/Gross SF
$154.57
Lease Type
Absolute Net
Rent Per Square Feet
$9.27

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 Hard Corner. Limited Competition - The Next Nearest Dollar General is 20 Miles away.
  • Walking Distance from Prairie Ridge Hospital & Health Services and WCA North Elementary School. Less than 2 Miles from Pride of the Prairie Airport.

Investment Overview

Elbow Lake is a city in, and the county seat of, Grant County, Minnesota. U.S. Highway 59 and Minnesota State Highways 55 and 79 are four of the main routes in the city. Elbow Lake is 12 miles west of Interstate Highway 94.

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

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