23300 435th Ave Howard, SD 57349
Call to check price and availability
NNN Dollar General store in Howard, South Dakota for sale.
Type:Retail
Property size:
9,026 SF- Added:
- Feb 18, 2026
- Days on Market:
- 47
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 23300 435th Ave
General Information
- Standard status
- Active
- Size
- 9,026 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agent Bryan Bender License #MI 6501319610
Listing office Fortis Net Lease (248) 419-3810
Listing date Feb 18, 2026
Source Crexi
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 Fortis Net Lease
Overview
Dollar General Investment Opportunity
This 9,026 square foot Dollar General store is located in Howard, South Dakota. The property is offered for sale and secured with an Absolute NNN Lease, leaving zero landlord responsibilities, with 6.5 years remaining on the primary term. The lease, corporately guaranteed by Dollar General Corporation, contains a 3% rental rate increase at year 11 and 10% increases at each of the 4 (5 year) options to renew. Dollar General Corporation holds a credit rating of “BBB”, classified as Investment Grade. The store has been successfully operating since September 2017. The Dollar General is positioned on the corner of 435th Avenue & 233rd Street, with a traffic count of 2,746 cars per day. The 10 mile population from the site is 1,787 and the 3 mile average household income is $54,631 per year. The store is the only dollar store serving the community with no competition within 18 miles. This property represents an opportunity for a 1031 exchange buyer or a passive investor to attain the fee simple ownership of Dollar General. The list price reflects a 7.35% cap rate based on NOI of $79,128.
Location Intelligence
Current Use by Public Records
FedEx OnSite
Postal Service
Dollar General
Discount Store
Western Union
Bank
Location Insight
- Map
- Local Demand
- City
- Howard
- County
- Miner
- State
- South Dakota
- Longitude
- -97.509045
- Latitude
- 44.000071
FAQs
What type of property is this?
Grocery and convenience store - NNN Dollar General store in Howard, South Dakota for sale.
Where is this grocery and convenience store located?
The property is located at 23300 435th Ave Howard, SD.
What is the asking price?
The asking price for this property is $1,076,571.
What are key features of this property?
This property features: Absolute NNN Lease with zero landlord responsibilities and 6.5 years remaining on the primary term.; Corporately guaranteed lease by Dollar General Corporation with an Investment Grade credit rating of "BBB".; Rental rate increases of 3% at year 11 and 10% at each of the 4 (5 year) options to renew.
