Search
Absolute NNN Dollar General Property
For Sale
Contact for pricing

209 Hwy 2, Erskine, MN 56535

The lease includes renewal periods with 10% rent increases.

Property SizeContact for details
Days on Market145

Property Features for 209 Hwy 2

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SVN Northco Real Estate Services
Listed By: Frank Jermusek · License #20587652
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:59PM

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 SVN Northco Real Estate Services

Investment Insights

Based on property information with market context.

This NNN property is occupied by Dollar General and is offered with an absolute triple-net lease structure. The current base term extends through 7/31/2031, followed by renewal periods that provide for 10% rent increases. Property documentation includes a clean Phase 1 report and an ALTA As-Built Survey.

The asset is located at 209 Hwy 2 in Erskine, Minnesota, approximately 55 miles east of Grand Forks. The property may be combined with as many as 10 other Minnesota locations, and the offering is identified as suitable for a larger 1031 exchange.

Key Highlights

  • Dollar General occupancy with an absolute triple‑net lease structure
  • Base lease term runs through 7/31/2031
  • Renewal periods include 10% rent increases

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Bakery

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 56535, MN

1,240
Population
869
Households
1.4
Avg Household Size
53
Median Age
19%
College-Educated
91%
High-School Grad
88.8 sq mi
ZIP Area
14
Density / Sq Mi
$57,917
Median Household Income
$48,214
Median Earnings
$836
Median Rent
$215,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - The lease includes renewal periods with 10% rent increases.
Where is this nnn property located?
The property is located at 209 Hwy 2 Erskine, MN.
What are key features of this property?
This property features: Dollar General occupancy with an absolute triple‑net lease structure; Base lease term runs through 7/31/2031; Renewal periods include 10% rent increases
(952) 820-1615 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message