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Discount

Family Dollar

2643 20th St, Slayton, MN 56172

Listing Price: $1,250,000

Cap Rate
6.82%
Tenant Name
Family Dollar
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$12.00

Investment Overview

This offering presents a single-tenant Family Dollar in Slayton, the commercial and government seat of Murray County in southwestern Minnesota — an essential, e-commerce-resistant discount retailer whose needs-based format delivers defensive, cycle-tested cash flow. The store operates as the dominant value retailer in a rural trade area, with the nearest concentration of big-box competition 30-plus miles away in Marshall or Worthington, insulating a captive, everyday-needs shopper base. The site benefits from access along the city's primary corridors, U.S. Highway 59 and State Highway 30, and serves a stable, high-ownership market — Slayton posts a median household income near $64,000 against an 82% county homeownership rate — supported by a diversified regional economy anchored in healthcare, agriculture, and manufacturing plus a growing wind-energy tax base. Backed by a passive net-lease structure, the property offers management-free income well-suited to a 1031 exchange or a hands-off investor seeking durable, recession-resistant returns

Investment Highlights

  • Strong store history of operations- Rural county-seat monopoly — Slayton is the commercial and government center of Murray County; the nearest concentration of big-box retail is 30+ miles away in Mars
  • New renovations
  • Under market rents for a Family Dollar Store
  • Highway access — frontage-area access via U.S. Highway 59 and State Highway 30, the city's primary routes

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Discount

Family Dollar

Listing Price: $1,250,000

Cap Rate
6.82%
Tenant Name
Family Dollar
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$12.00

Investment Highlights

  • Strong store history of operations- Rural county-seat monopoly — Slayton is the commercial and government center of Murray County; the nearest concentration of big-box retail is 30+ miles away in Mars
  • New renovations
  • Under market rents for a Family Dollar Store
  • Highway access — frontage-area access via U.S. Highway 59 and State Highway 30, the city's primary routes

Investment Overview

This offering presents a single-tenant Family Dollar in Slayton, the commercial and government seat of Murray County in southwestern Minnesota — an essential, e-commerce-resistant discount retailer whose needs-based format delivers defensive, cycle-tested cash flow. The store operates as the dominant value retailer in a rural trade area, with the nearest concentration of big-box competition 30-plus miles away in Marshall or Worthington, insulating a captive, everyday-needs shopper base. The site benefits from access along the city's primary corridors, U.S. Highway 59 and State Highway 30, and serves a stable, high-ownership market — Slayton posts a median household income near $64,000 against an 82% county homeownership rate — supported by a diversified regional economy anchored in healthcare, agriculture, and manufacturing plus a growing wind-energy tax base. Backed by a passive net-lease structure, the property offers management-free income well-suited to a 1031 exchange or a hands-off investor seeking durable, recession-resistant returns

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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