Dollar General Market
Single-Tenant Offerings
Dollar General Market
704 Ash S
Mayer (Minneapolis MSA), MN
- Price:
- $2,125,000
- Cap Rate:
- 7.00%
- NOI:
- $148,751
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2025
- Lot Size:
- 1.22 +/- 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
- Upgraded Market Store with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant (S&P: “BBB”), Ranked #111 on Fortune 500
- Dollar General is the Nation’s Largest Retailer with 20,600+ Stores
- Brand New Construction on Oversized 1.22+/- Acre Parcel
- Strategic Location, Nearest Dollar General Market Store is Over 20 Miles Away
- Serving Over 30,000 Residents in Surrounding Communities, 36 Miles West of Minneapolis
- Strong Average Household Incomes Exceed $102,000 in 3 Miles and $106,000 in 5 Miles
- Excellent Visibility and Access Along Major North/South Artery
- Close Proximity to the Three Rivers Park District with 14.3 Million Visitors Annually
- West of Lake Minnetonka (1+ Million Visitors/Year) and Lake Waconia Regional Park (200,000+ Visitors/Year)
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