Listing Agency: SVN | Silveri Company p***@svn.com Show Phone

Listed By: Peter Colvin · License #6501197270 Show Phone

Source: Svn

Added: Mar 6 Changed: Jul 6 Last Checked: Aug 21 at 4:08AM

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Investment Insights

Based on property information with market context.

This property is an Absolute Triple Net Dollar General located in a Minnesota lake resort town. It is part of a four Dollar General portfolio. The property features assumable financing which is non-recourse and interest only.

Key Highlights

• Absolute Triple Net (NNN) Lease
• Assumable Financing (Non Recourse / Interest Only)
• Part of a 4 Dollar General Portfolio

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Redbox Cinema Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Parts Store Real Estate Agency Dental Office 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.

Location Intelligence

Trade Area within ½ mile

181

Businesses Nearby

6k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 88% Home Improvements & Furnishings 12%

Dollar General Shops & Services

4,922 visits/mo 0.1 miles

Osakis True Value Home Improvements & Furnishings

754 visits/mo 0.2 miles

Napa Auto Parts Shops & Services

588 visits/mo 0.1 miles

Demographics for 56360, MN

4,093

Population

2,688

Households

1.5

Avg Household Size

45

Median Age

19%

College-Educated

94%

High-School Grad

132.6 sq mi

ZIP Area

31

Density / Sq Mi

$65,395

Median Household Income

$43,939

Median Earnings

$742

Median Rent

$233,000

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?

Grocery and convenience store - Absolute NNN Dollar General in Minnesota lake resort town.

Where is this grocery and convenience store located?

The property is located at 306 Nokomis Street East Osakis, MN.

What is the asking price?

The asking price for this property is $1,103,742.

What are key features of this property?

This property features: Absolute Triple Net (NNN) Lease; Assumable Financing (Non Recourse / Interest Only); Part of a 4 Dollar General Portfolio