677 3Rd Ave Wanamingo, MN 55983
NNN leased Dollar General in Wanamingo, MN with corporate guaranty.
Property size:
9,026 SFLot size:
1.83 AcresProperty Features for 677 3Rd Ave
General Information
- Size
- 9,026 SF
- Lot size
- 1.83 Acres
Source:
Moodyscre
Listing Agent: Deborah Vannelli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Dollar General NNN Investment Opportunity
This property is a Dollar General, subject to a 15-year NNN lease with 5% rent increases every 5 years, backed by a Dollar General corporate guaranty. Dollar General is S&P rated BBB and operates over 20,000 stores across the United States and Mexico, with $40.6 billion in revenue and $7.4 billion in net worth as of January 31, 2025. The property is located in Wanamingo, MN, approximately 60 miles southeast of Minneapolis, 30 miles northwest of Rochester, and 6 miles from Zumbrota. The surrounding area has a 5-mile average household income of $103,168 and a population of 2,242. Situated along a well-traveled route through Wanamingo, the property offers high visibility and consistent traffic. It is located off Highway 60, near Casey’s, Beulke’s Greenscape Garden, Zumbro Valley Landscaping, Decker Power Equipment, and other local businesses. The area has limited retail options, ensuring Dollar General serves as a primary shopping destination for locals. The property size is 9,026 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Wanamingo
- County
- Goodhue
- State
- Minnesota
- Longitude
- -92.7871445
- Latitude
- 44.2983385
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - NNN leased Dollar General in Wanamingo, MN with corporate guaranty.
Where is this grocery and convenience store located?
The property is located at 677 3Rd Ave Wanamingo, MN.
What is the asking price?
The asking price for this property is $2,076,700.
What are key features of this property?
This property features: - 15-year NNN lease with 5% rent increases every 5 years, backed by Dollar General Corporate Guaranty.; - Dollar General is S&P rated BBB with $40.6 billion in revenue and $7.4 billion in net worth.; - High visibility location along a well-traveled route in Wanamingo, MN.