Dollar General | West Concord, MN

249 State St NW, West Concord, MN

$1,562,400

Price

5.5%

Cap Rate

$85,932

NOI

Overview
Cap Rate
5.5%
NOI
$85,932
Building Size
9,100 sqft
Lot Area
1.57 acres
Occupancy
100%
Units
1
Year Built
2022
Parking Spots
30
Description

Brisky Net Lease is pleased to offer this new Dollar General in West Concord, MN. This Dollar General store has a great location with excellent visibility along Highway 56, the main north-south artery through town. This NNN single-tenant retail property has a new lease with 15 years remaining with zero landlord responsibilities. It offers investors the opportunity to invest in this solid brand that fills a void in this underserved market.

West Concord is in Dodge County about 30 miles northwest of Rochester, 20 miles northeast of Owatonna, and is a bedroom community for the Rochester market. This thriving Minnesota community has several parks, a community pool, a public library, a historical society, and volunteer fire and rescue. This Dollar General is a great addition to this small town which has limited competition.

Dollar General is the nation’s largest small-box discount retailer! As of May 5, 2023, the company’s 19,294 Dollar General, DG Market, DGX and pOpshelf stores across 47 states and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands.

Need Description

Highlights
  • Prime Highway Location
  • Located Along the Busiest Corridor
  • Very Little Competition in Town
  • Fills a Void in the Market
  • Located in Southeast Minnesota
  • 30 Miles NW of Rochester & 20 Miles NE of Owatonna
Documents

Location
Gallery