218 Oak St, Dawson, MN 56232
The property is leased under a double-net structure with corporate lease backing.
Property Features for 218 Oak St
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Based on property information with market context.
The investment is structured with a double-net lease and approximately eight years left on a renewed 10-year term. Dollar General corporate provides the lease guarantee, with credit rated S&P BBB, Stable. Contractual rent increases occur at 10 percent intervals every five years during the initial term and extensions, with the lease framework extending through 2050. The tenant holds four additional five-year renewal options.
Key Highlights
- 8,320‑square‑foot retail building completed in 2000
- Situated on a 1.38‑acre parcel at 218 Oak Street
- Double‑net lease with approximately eight years remaining on a renewed 10‑year term
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Trade Area within ½ mile
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Demographics for 56232, MN
Market
Vacancy Rate% for Retail in Midwest region