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Family Dollar Retail Space
New
For Sale
$1,250,000

2643 20th St, Slayton, MN 56172

Single-tenant net-lease format with access along U.S. Highway 59 and State Highway 30.

Property Size8,000 SF
Price / SF$156.25
Days on Market2

Property Features for 2643 20th St

General Information

Standard status Active
Size 8,000 SF
Property subtype Discount
Lease Type NN

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 6.82%

Amenities

Strong store history of operations- Rural county-seat monopoly — Slayton is the commercial and government center of Murray County; the nearest concentration of big-box retail is 30+ miles away in Mars
New renovations
Under market rents for a Family Dollar Store
Highway access — frontage-area access via U.S. Highway 59 and State Highway 30, the city's primary routes

Building Details

Building Size 8,000 SF
Tenancy Single
Listing Agency:
Listed By: Austin Williams · License #License(s): UT: 11054719-SA00
Source: Marcusmillichap
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 5:18AM

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 Austin Williams

Investment Insights

Based on property information with market context.

This 8,000-square-foot retail property is occupied by Family Dollar and configured for a single-tenant operation. The asset is structured as a net lease, providing a defined commercial tenancy within an established discount-retail format.

The property is located at 2643 20th St in Slayton, Minnesota, with access along U.S. Highway 59 and State Highway 30. Slayton serves as the commercial and government seat of Murray County in southwestern Minnesota. The surrounding regional economy includes healthcare, agriculture, manufacturing, and wind energy. County homeownership is reported at 82%, while median household income in Slayton is near $64,000.

Key Highlights

  • 8,000‑square‑foot single‑tenant retail property
  • Occupied by Family Dollar
  • Net‑lease structure

Property Analytics

Current Use

Family Dollar (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Parts Store Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Storage Facility

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 56172, MN

2,954
Population
1,645
Households
1.8
Avg Household Size
48
Median Age
31%
College-Educated
92%
High-School Grad
116.3 sq mi
ZIP Area
25
Density / Sq Mi
$79,583
Median Household Income
$45,540
Median Earnings
$707
Median Rent
$189,900
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?
Retail space - Single-tenant net-lease format with access along U.S. Highway 59 and State Highway 30.
Where is this retail space located?
The property is located at 2643 20th St Slayton, MN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 8,000‑square‑foot single‑tenant retail property; Occupied by Family Dollar; Net‑lease structure
More about this property
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