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Dollar General Convenience Store
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1606 3rd Ave E, Alexandria, MN 56308

The 2024-built commercial property sits on 3rd Ave E in Alexandria.

Property SizeContact for details
Days on Market130

Property Features for 1606 3rd Ave E

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.35%
Traffic Count 10,000 vehicles/day

Building Details

Year Built 2024
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #343837
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty

Investment Insights

Based on property information with market context.

This commercial property is identified as a Dollar General convenience-store asset and was built in 2024. The building is located at 1606 3rd Ave E in Alexandria, Minnesota, providing a defined address within the city’s commercial setting.

Traffic exposure is reported at 10,000 vehicles per day. The property is also presented with a 6.35% cap rate, giving investors a supported metric for evaluating the offering.

Key Highlights

  • Dollar General convenience‑store property
  • 2024 build
  • Reported 6.35% cap rate

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Dental Office Restaurant Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Under-served
Demand for This Use

Demographics for 56308, MN

26,391
Population
14,350
Households
1.8
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
155.9 sq mi
ZIP Area
169
Density / Sq Mi
$76,831
Median Household Income
$43,999
Median Earnings
$921
Median Rent
$307,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Elden's Fresh Foods 707 3rd Ave E, Alexandria, MN 56308

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The 2024-built commercial property sits on 3rd Ave E in Alexandria.
Where is this grocery and convenience store located?
The property is located at 1606 3rd Ave E Alexandria, MN.
What are key features of this property?
This property features: Dollar General convenience‑store property; 2024 build; Reported 6.35% cap rate
(888) 737-2264 Call to check price and availability
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