Building Details

Tenancy Single

Listing Agency: Wertz Real Estate Investment j***@wertzrealestate.com Show Phone

Listed By: John Wertz · License #CA 01448585

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:46AM

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Investment Insights

Based on property information with market context.

The property is a freestanding Dollar General with an absolute NNN structure. The offering includes over nine years remaining on an original 15-year absolute NNN lease. Rental increases are scheduled at 3% beginning in year 11, followed by 10% increases in each of the four five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), rated BBB by Standard & Poor’s.

Located on Dakota Ave S, a major thoroughfare through downtown Wessington Springs that connects the downtown district to Hwy 34, the site benefits from visibility and frontage on this primary corridor.

This is an investment-grade, long-term, corporately guaranteed retail location designed for stable ownership with zero landlord responsibility described in the offering remarks.

Key Highlights

• Freestanding Dollar General in Wessington Springs, SD on an absolute NNN lease
• Over 9 years remaining on an original 15‑year absolute NNN lease
• Corporately guaranteed rent by Dollar General (NYSE: DG), rated BBB by Standard & Poor’s

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank FedEx OnSite Postal Service Chinju milk. Bar & Pub

Suggested Use

Top Pick Garden Center Pharmacy Butcher Computer & Electronic Repair Plumbing Service Pet Grooming 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.

Lease Details

Single-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

146

Businesses Nearby

Explore this area Business Placement

Demographics for 57382, SD

1,222

Population

707

Households

1.7

Avg Household Size

53

Median Age

27%

College-Educated

95%

High-School Grad

438.1 sq mi

ZIP Area

3

Density / Sq Mi

$77,083

Median Household Income

$45,861

Median Earnings

$457

Median Rent

$132,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

NNN property - Freestanding Dollar General is offered on an absolute NNN lease with corporately guaranteed rent and remaining term.

Where is this nnn property located?

The property is located at 504 Dakota Ave S Wessington Springs, SD.

What are key features of this property?

This property features: Freestanding Dollar General in Wessington Springs, SD on an absolute NNN lease; Over 9 years remaining on an original 15‑year absolute NNN lease; Corporately guaranteed rent by Dollar General (NYSE: DG), rated BBB by Standard & Poor’s