Dollar General
$1,686,957
16248 Central Avenue Northeast, Ham Lake, MN 55304
For Sale
Retail
Free Standing
Active
Last Updated: 04/22/2025
97,000
NOI
2.09 acres
Lot Area
Details:
NOI: $97,000
Lot Area: 2.09 acres
Occupancy: 100%
Lease Type: Triple Net
Year Built: 2020
Tenancy: Single
Highlights:
- Dollar General is on a NNN lease with 10+ years remaining and 10% increases during the five 5-year renewal option periods. The lease includes a Dollar General Corporate Guaranty.
- This Dollar General property is located at the signalized intersection of Highway 65 and Constance Blvd in Ham Lake, MN. Highway 65 traffic counts average 33,000 vehicles per day. Nearby retailers include Scooter’s, Speedway, U-Haul, O’Reilly Auto Parts, Site One Landscape Supply, and more.
- Ham Lake is located within the Minneapolis-St. Paul Metropolitan Area approximately 20 miles north of downtown Minneapolis.
- Strong demographics within a 5-mile radius, with an average household income of $150,413 and a population of 55,264.
- Large lot size potential to add second tenant or sell part of land.
- Dollar General, S&P Rated BBB, operates over 20,000 stores in the United States and Mexico. Year end January 31, 2025 revenues of $40.6 Billion and net worth of $7.4 Billion.
Description:
This Dollar General property is located in Ham Lake, MN, a suburb located approximately 24 miles north of the Twin Cities. Dollar General is located along Central Avenue, (Highway 65) where traffic counts average 33,000 vehicles per day. Other nearby retailers include Scooter’s, O’Reilly Auto Parts, Speedway, Site One Landscape Supply, and more.
Documents:
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