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 20 at 6:52PM

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Investment Insights

Based on property information with market context.

This offering is an Absolute Triple Net Dollar General property. The lease base term runs through 9/30/2031, with renewal periods that include 10% rent increases each time.

The property is located at 2210 Hwy 7 SW in Appleton, Minnesota. For due diligence, a clean phase 1 report and an ALTA As-Built Survey are available.

This Dollar General can also be combined with up to 10 other Minnesota locations to build a larger portfolio or to fill a broader 1031 exchange strategy, depending on the buyer’s needs.

Key Highlights

• Absolute triple‑net Dollar General with base term through 9/30/2031
• Renewal periods include 10% rent increases in each renewal
• Clean Phase 1 report provided

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

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 - Absolute triple net Dollar General with base term through 9/30/2031 and renewal rent steps of 10%.

Where is this nnn property located?

The property is located at 2210 Hwy 7 Sw Appleton, MN.

What are key features of this property?

This property features: Absolute triple‑net Dollar General with base term through 9/30/2031; Renewal periods include 10% rent increases in each renewal; Clean Phase 1 report provided