Dollar General Absolute NNN
For Sale
Contact for pricing
Pending
307 Main Ave W, Deer River, MN 56636
Built-to-suit retail facility occupied under an absolute triple-net lease with renewal options and scheduled rent increases.
Property Size9,100 SF
Lot Size1.05 Acres
Days on Market143
Property Features for 307 Main Ave W
General Information
Standard status
Pending
Size
9,100 SF
Lot size
1.05 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
2017
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 31 at 11:00PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This Dollar General property includes a 9,100 square foot building constructed specifically for the tenant in 2017. The retail facility occupies about 1.05 acres in Deer River, Minnesota, and is subject to an absolute triple-net lease, leaving the landlord with zero responsibilities under the stated lease structure.
The original 15-year lease began in November 2017 and is scheduled to expire in October 2032, with about nine years remaining on the base term. The agreement also provides four, five-year renewal options, each carrying a ten percent rent increase. The property is located at 307 Main Ave W.
The original 15-year lease began in November 2017 and is scheduled to expire in October 2032, with about nine years remaining on the base term. The agreement also provides four, five-year renewal options, each carrying a ten percent rent increase. The property is located at 307 Main Ave W.
Key Highlights
- 9,100 square foot Dollar General building constructed in 2017
- Occupies about 1.05 acres in Deer River, Minnesota
- Original 15‑year lease commenced in November 2017
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cenex
Shops & Services
5,787 visits/mo
0.3 miles
Dollar General
Shops & Services
3,437 visits/mo
0.0 miles
Demographics for 56636, MN
5,055
Population
2,937
Households
1.7
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
436.9 sq mi
ZIP Area
12
Density / Sq Mi
$59,858
Median Household Income
$32,128
Median Earnings
$690
Median Rent
$195,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Built-to-suit retail facility occupied under an absolute triple-net lease with renewal options and scheduled rent increases.
Where is this nnn property located?
The property is located at 307 Main Ave W Deer River, MN.
What are key features of this property?
This property features: 9,100 square foot Dollar General building constructed in 2017; Occupies about 1.05 acres in Deer River, Minnesota; Original 15‑year lease commenced in November 2017
