704 Ash Ave S - Freestanding FOR SALE
Mayer, MN 55360 |
$2,125,000 USD
858-373-3174
704 Ash Ave S
Mayer, MN 55360
HIGHLIGHTS
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant (S&P: “BBB”), Ranked #111 on Fortune 500
- Dollar General is the Nation’s Largest Retailer with 20,600+ Stores
- Brand New Construction on Oversized 1.22+/- Acre Parcel
FOR SALE DETAILS
PRICE
$2,125,000 USD
PRICE/SF
$251 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Market
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
50.7010050
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858-373-3174
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858-373-3174
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