Building Details

Tenancy Single

Listing Agency: SVN Northco Real Estate Services F***@SVN.COM Show Phone

Listed By: Frank Jermusek · License #20587652

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:02PM

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Investment Insights

Based on property information with market context.

SVN Colvin Team presents an investment portfolio featuring five absolute triple net leased Dollar General locations. The properties are situated in Erskine, Appleton, Backus, New York Mills, and Red Lake Falls, Minnesota.

The offering includes as-built ALTA surveys, recent clean Phase 1 reports, and zoning letters, helping streamline third-party review needs. The seller is organized, with all five properties available through the same transaction, which may simplify a 1031 exchange process.

Financing is also described as available if needed. For additional details and to discuss assembling an investment package, contact Dollar General expert Peter Colvin with SVN.

Key Highlights

• Portfolio includes five absolute triple net leased Dollar General stores in Minnesota
• Stores identified as serving: Erskine, Appleton, Backus, New York Mills, and Red Lake Falls, MN
• As‑built ALTA surveys available for the portfolio

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Parking Lot & Garage Garden Center Plumbing Service

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

54

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's Shops & Services

8,530 visits/mo 0.2 miles

Dollar General Shops & Services

3,057 visits/mo 0.1 miles

Demographics for 56208, MN

2,029

Population

1,147

Households

1.8

Avg Household Size

45

Median Age

21%

College-Educated

92%

High-School Grad

196.2 sq mi

ZIP Area

10

Density / Sq Mi

$56,196

Median Household Income

$32,400

Median Earnings

$691

Median Rent

$86,700

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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Frequently Asked Questions

What type of property is this?

NNN property - Portfolio includes five absolute triple net leased Dollar General stores across multiple Minnesota towns.

Where is this nnn property located?

The property is located at 2210 Highway 7 SW Appleton, MN.

What are key features of this property?

This property features: Portfolio includes five absolute triple net leased Dollar General stores in Minnesota; Stores identified as serving: Erskine, Appleton, Backus, New York Mills, and Red Lake Falls, MN; As‑built ALTA surveys available for the portfolio