Dollar General

Highlights:

• Dollar General is on a NNN lease with over 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 approx. 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 U.S. states and Mexico. Year end February 2, 2024 revenues of $38.7 Billion and net worth of $6.7 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.

Ham Lake offers residents a rural feel with a variety of parks and activities including Coon Lake County Park, Bunker Hills Regional Park, Willow Tree Winery, Ham Lake Park, and more.

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