Building Details

Tenancy Single

Listing Agency: Fortis Net Lease b***@fortisnetlease.com Show Phone

Listed By: Bryan Bender · License #MI 6501319610

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 10:16PM

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Investment Insights

Based on property information with market context.

Fortis Net Lease presents a Dollar General store offering 9,026 square feet in Cottonwood, Minnesota. The property is secured by a 15-year absolute NNN lease with zero landlord responsibilities, and it includes five renewal options with a 10% rental rate increase. Construction is complete and rent commenced on 7/22/2016.

The store is strategically positioned on County Road 10 in Cottonwood, MN, and is described as having high visibility from the site.

Dollar General Corporation provides a corporate guarantee, and the remarks note a “BBB” credit rating classified as investment grade. The offering is presented for investors seeking fee simple ownership.

Key Highlights

• 9,026 SF Dollar General store in Cottonwood, MN on County Road 10
• 15‑year absolute NNN lease in place with zero landlord responsibilities
• Dollar General corporate guarantee from Dollar General Corporation (Investment Grade, BBB rating)

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Explore this area Business Placement

Demographics for 56229, MN

1,754

Population

799

Households

2.2

Avg Household Size

40

Median Age

27%

College-Educated

97%

High-School Grad

102.3 sq mi

ZIP Area

17

Density / Sq Mi

$99,821

Median Household Income

$48,750

Median Earnings

$904

Median Rent

$198,400

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?

NNN property - 9,026 SF Dollar General store on County Road 10 with an absolute NNN lease and corporate guarantee.

Where is this nnn property located?

The property is located at 3106 County Rd 10 Cottonwood, MN.

What are key features of this property?

This property features: 9,026 SF Dollar General store in Cottonwood, MN on County Road 10; 15‑year absolute NNN lease in place with zero landlord responsibilities; Dollar General corporate guarantee from Dollar General Corporation (Investment Grade, BBB rating)