811 Parker Ave Dassel, MN 55325
High-Yield Retail Investment in MN
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- 15-year NNN Dollar General lease with 5% rent increases every 5 years.
- Lease includes Dollar General Corporate Guaranty.
- Investment-grade tenant (S&P BBB rating), Dollar General operates over 20,000 stores nationwide.
- High-traffic location: 7,900 VPD on Parker Ave W and 4,624 VPD near Hwy 15.
- Strong demographics: $104,948 average household income within a 5-mile radius.
- Excellent co-tenancy including Casey's, MN Fitness, and others.
Property Details for 811 Parker Ave
- Property type
- Retail properties, Retail space
- Square Feet
- 10,640 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 74,923 SF
Location Insight
- City
- Dassel
- County
- Meeker
- State
- Minnesota
- Latitude
- 45.0812072
- Longitude
- -94.3174801
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Retail Investment in MN
- Where is the retail property located?
- The property is located at 811 Parker Ave Dassel, MN.
- What is the asking price?
- The asking price for this property is $2,354,652.
- What are key features of this property?
- This property features: 15-year NNN Dollar General lease with 5% rent increases every 5 years.; Lease includes Dollar General Corporate Guaranty.; Investment-grade tenant (S&P BBB rating), Dollar General operates over 20,000 stores nationwide.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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