502 W Hwy 2 - Freestanding FOR SALE
Floodwood, MN 55736 |
817-584-2000
502 W Hwy 2
Floodwood, MN 55736
HIGHLIGHTS
- Dollar General in Floodwood, MN With 5+ Years Remaining on Current Term
- Absolute NNN Lease With Zero Landlord Responsibilities
- Attractive 10% Rent Increases Every 5 Years Throughout Five, 5-Year Renewal Options
- Backed by Dollar General’s Corporate Guarantee, an Investment-Grade (S&P “BBB”) Retailer Operating Over 21,000 Locations Nationwide
- Strategic Highway Location Positioned Directly on US Highway 2 (5,000+ VPD) in Floodwood, MN, Roughly Halfway Between Duluth and Grand Rapids
- Limited Local Retail Competition – Store Serves as Primary Source of Goods for Local Residents
OVERVIEW
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Floodwood, MN. This property offers 5+ years remaining on the current term, an Absolute NNN Lease with zero landlord responsibilities, and attractive 10% rent increases every five years throughout five renewal options.
In cooperation with Brian Brockman at Bang Realty, Inc. | MN #40628602 | bor@bangrealty.com | (513) 898-1551
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
34,848 SF
ZONING
MUNS
APN/PARCEL ID
125001002440,125004000320
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817-584-2000
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817-584-2000
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