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Dollar General | Floodwood
502 US-2, Floodwood, MN 55736
Listing Price: $976,500
Investment Overview
Marcus & Millichap is pleased to offer this Dollar General property for sale in Floodwood, Minnesota. The property is ideally located approximately 30-50 minutes from larger larger markets of Duluth, Hibbing, Grand Rapids and Cloquet. The subject property is situated directly along U.S. Highway 2, Floodwood's primary thoroughfare, and is just blocks from the intersection of Highway 2 and MN highway 73, making an easy to access location for the local retail shoppers.
Dollar General is an investment grade tenant with an S&P credit rating of BBB. As of January 2025, Dollar General had over 20,500 locations in 48 states with 2024 sales exceeding $40 Billion dollars. Dollar General's plans for 2025 include opening 575 new stores in the United States by year's end.
Dollar General | Floodwood
Investment Highlights
- Just Under Six Years Remaining
- Triple Net Lease with No Landlord Responsibilities
- Low Base Rent of $8.65 Per Square Foot
- Recently Remodeled Location
- Closest Other Dollar General Approximately 18 Miles Away in Cromwell, Minnesota
- Traffic Counts Over 5,000 Per Day
- Investment Grade Tenant | BBB Rating by Standard & Poors
- 20,500 + Locations in 48 States
Exclusively Listed By
Listing Price: $976,500
Investment Highlights
- Just Under Six Years Remaining
- Triple Net Lease with No Landlord Responsibilities
- Low Base Rent of $8.65 Per Square Foot
- Recently Remodeled Location
- Closest Other Dollar General Approximately 18 Miles Away in Cromwell, Minnesota
- Traffic Counts Over 5,000 Per Day
- Investment Grade Tenant | BBB Rating by Standard & Poors
- 20,500 + Locations in 48 States
Investment Overview
Marcus & Millichap is pleased to offer this Dollar General property for sale in Floodwood, Minnesota. The property is ideally located approximately 30-50 minutes from larger larger markets of Duluth, Hibbing, Grand Rapids and Cloquet. The subject property is situated directly along U.S. Highway 2, Floodwood's primary thoroughfare, and is just blocks from the intersection of Highway 2 and MN highway 73, making an easy to access location for the local retail shoppers. Dollar General is an investment grade tenant with an S&P credit rating of BBB. As of January 2025, Dollar General had over 20,500 locations in 48 states with 2024 sales exceeding $40 Billion dollars. Dollar General's plans for 2025 include opening 575 new stores in the United States by year's end.
Exclusively Listed By
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