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23300 435Th Ave Howard, SD 57349

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For Lease
$1,076,571

9,026 SF Dollar General in Howard, South Dakota.

Building Details

Year built
2017

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Listing Contact
Bryan Bender
Bryan Bender
Source: Fortisnetlease

Listing Agent: Bryan Bender

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Dollar General Store For Rent

This 9,026 square foot Dollar General store is available for rent in Howard, South Dakota. The property is under an Absolute NNN Lease, transferring all landlord responsibilities to the tenant. Approximately 6.5 years remain on the primary lease term. The lease includes a 3% rental rate increase at year 11, and 10% increases at each of the four 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds a “BBB” credit rating, classified as Investment Grade. The store has been operating since September 2017. The property features a concrete parking lot and is located on a corner site with a traffic count of 2,746 cars per day. The surrounding area has a 3-mile household income of $54,631 and a 10-mile population of 1,787. The area has limited competition, with the next Dollar Store located over 18 miles away. Howard is located in Miner County in east-central South Dakota, along U.S. Highway 34.
Location Intelligence

Current Use by Public Records

FedEx OnSite Postal Service Dollar General Discount Store Western Union Bank

Suggested Use

Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Dental Office Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Howard
County
Miner
State
South Dakota
Longitude
-97.509045
Latitude
44.000071

FAQs

What type of property is this?
Grocery and convenience store - 9,026 SF Dollar General in Howard, South Dakota.
Where is this grocery and convenience store located?
The property is located at 23300 435Th Ave Howard, SD.
What is the lease rate?
The lease rate is $1,076,571.
What are key features of this property?
This property features: - Absolute NNN Lease with Zero Landlord Responsibilities; - Investment Grade "BBB" Credit Rating Corporate Guaranty by Dollar General; - **6.5 Years Remaining on Primary Lease Term**
More about this property
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