102 15th Ave SE - Retail FOR SALE


Lonsdale, MN 55046
$1,050,000 USD
952-393-1212
102 15th Ave SE, Lonsdale, MN for Sale
$1,050,000 USD
Retail - FOR SALE
1/1
null | 8% Cap Rate

102 15th Ave SE
Lonsdale, MN 55046


OVERVIEW

SINGLE TENANT NET-LEASE INVESTMENT Dollar General Corporation is a leading discount variety store chain headquartered in Goodlettsville, Tennessee, operating over 20,600 stores across the U.S. The company offers everyday low-price merchandise—including groceries, household consumables, seasonal items, and basic apparel—serving as a neighborhood value anchor in underserved and rural communities. With annual revenues between $39–41 billion, Dollar General continues to drive consistent daily consumer traffic through its focus on staple purchases. The chain is pursuing aggressive expansion, with plans to open 450 new stores in 2026, reinforcing its position as a dominant player in the value retail sector. The Dollar General in Lonsdale, MN is a freestanding building with excellent visibility and convenient access off 15th Ave SE. Positioned just 40 miles from MSP and six miles from I-35, the site benefits from steady regional traffic and sits within a recession-resistant, essential-retail category. As the only Dollar General in the market, the store serves a rapidly expanding trade area and offers ample parking and efficient delivery access, making it a compelling, stable investment in a high-growth corridor. Lonsdale is experiencing steady population growth, now estimated at 5,089, with a median age of 30 and a median household income of $91,719, well above state averages. Economic development is actively supported by the Lonsdale Economic Development Authority, offering incentives like TIF, tax abatement, and a revolving loan fund, with recent expansions in the business park expected to add up to 150 new jobs. The business climate is favorable, with most businesses locally owned, small, and reporting high satisfaction with community support and workforce quality.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Lonsdale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B2

APN/PARCEL ID

19.25.4.27.005

ASK ABOUT THIS PROPERTY

Lisa ChristiansonColliersMore Info
952-393-1212

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Lisa ChristiansonColliersMore Info
952-393-1212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.