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23300 435th Ave Howard, SD 57349

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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

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Listing Contact
Bryan Bender
Bryan Bender

Listing agent Bryan Bender License #MI 6501319610

Listing office Fortis Net Lease

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

Suggested Use

Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Dental Office Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

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.
(248) 419-3810 Call to check price and availability
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