Discount
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.
Dollar General | Minnesota | Absolute Net Lease | Hard Corner Location | Near Hospital & Airport
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
Broker of Record
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
Broker of Record
Financing By
