Dollar General
$2,264,088
811 Parker Avenue West, Dassel, MN 55325
For Sale
Retail
Free Standing
Active
Last Updated: 03/24/2025
6.5
Cap Rate
147,165
NOI
Details:
Cap Rate: 6.5%
NOI: $147,165
Building Size: 10,640 sqft
Lot Area: 1.72 acres
Lease Type: Triple Net
Year Built: 2024
Tenancy: Single
Highlights:
- Dollar General is on a 15 year NNN lease with 5% rent increases every 5 years.
- The lease includes a Dollar General Corporate Guaranty.
- Dollar General, S&P Rated BBB, operates over 20,000 stores in the United States and Mexico. Year end February 2, 2024 revenues of $38.7 Billion and net worth of $6.7 Billion.
- Dollar General is located along Parker Avenue West where traffic counts average 7,900 vehicles per day and near Highway 15 where traffic counts average 4,624 vehicles per day.
- 5-mile average household income of $104,948.
- Nearby tenants include Casey’s, MN Fitness 24/7, Perennial Bank, Dassel Liquor Store, Red Rooster Foods, Thirsty’s Bar & Grill, Vinny’s Café, etc.
- Dassel, MN is located 54 miles from Minneapolis, 15 miles from Litchfield, MN, and 44 miles from Wilmar, MN. Well located on Highway 12.
Description:
Dollar General is located in Dassel, MN, a town located approximately 50 miles west of Minneapolis. This property is located along Highway 12 where traffic counts average 7,900 vehicles per day. Other nearby tenants include Casey’s, MN Fitness 24/7, Dassel Liquor Store, Red Rooster Foods, Thirsty’s Bar & Grill, Vinny’s Café, etc.
Documents:
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Dollar_General_-_Dassel_MN_MP.pdf
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