98 Gunderson Blvd - Freestanding FOR SALE
Kenyon, MN 55946 |
$2,139,000 USD
858-373-3174
98 Gunderson Blvd
Kenyon, MN 55946
HIGHLIGHTS
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant (S&P: “BBB”), Ranked #111 on Fortune 500
- Dollar General is the Nation’s Largest Retailer with 20,594+ Stores
- Brand New Construction on Oversized 2+ Acre Parcel
- Serving Over 48,300 Residents in Growing Goodhue County, 55 Miles South of Minneapolis
FOR SALE DETAILS
PRICE
$2,139,000 USD
PRICE/SF
$1,704 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.05 AC
LAND SF
89,298 SF
ZONING
-
APN/PARCEL ID
66.180.0130,66.180.0150
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858-373-3174
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858-373-3174
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