Dollar General
Single-Tenant Offerings
Dollar General
98 Gunderson Blvd.
Kenyon (Minneapolis MSA), MN
- Price:
- $2,180,000
- Cap Rate:
- 6.87%
- NOI:
- $149,750
- Rentable SQFT:
- 10,566 SF
- Year Built:
- 2025
- Lot Size:
- 2.05 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant (S&P: “BBB”), Ranked #111 on Fortune 500
- Dollar General is the Nation’s Largest Retailer with 20,594+ Stores
- Brand New Construction on Oversized 2+ Acre Parcel
- Serving Over 48,300 Residents in Growing Goodhue County, 55 Miles South of Minneapolis
- Strong Average Household Incomes Exceed $89,000 in Surrounding Communities
- Strategic Location, Nearest Dollar General Store is Approximately 10 Miles Away
- Nearest Family Dollar is Over 17 Miles Away and No Dollar Tree Store in Goodhue County
- Excellent Access and Visibility Along Major East/West Artery
- 1/2 Mile to Kenyon - Wanamingo Middle and High School with Approximately 500 Students
- Close Proximity to Nerstrand-Big Woods State Park with Approximately 100,000 Visitors Annually
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