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Dollar General Grocery Store
For Sale
Contact for pricing
Pending

534 Canyon Drive, Eyota, MN 55934

Retail property leased under an absolute NNN structure with a long initial term.

Property SizeContact for details
Days on Market43

Property Features for 534 Canyon Drive

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Trinity Real Estate Investment Services
Listed By: Branson Blackburn · License #TX 611825
Source: Crexi
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 30 at 9:42PM

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 Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This grocery and convenience store property is leased to Dollar General under a new 15-year absolute NNN lease, with rent beginning in August 2016. The tenant’s credit rating was recently upgraded to BBB, matching the rating cited for Walgreens.

Located at 534 Canyon Drive in Eyota, Minnesota, the property is positioned near a Kwik Trip and new residential development. A 34-unit assisted living facility is directly across the street. The site is 13 miles east of Rochester, a city identified as having more than 100,000 residents. Average household income within five miles exceeds $80,000.

Key Highlights

  • Dollar General lease has a 15‑year absolute NNN structure
  • Rent commenced in Aug 2016
  • Dollar General credit rating recently upgraded to BBB

Property Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Auto Repair Shop (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

22
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55934, MN

3,332
Population
1,517
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
97%
High-School Grad
78.5 sq mi
ZIP Area
42
Density / Sq Mi
$87,645
Median Household Income
$48,398
Median Earnings
$864
Median Rent
$300,500
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 - Retail property leased under an absolute NNN structure with a long initial term.
Where is this grocery and convenience store located?
The property is located at 534 Canyon Drive Eyota, MN.
What are key features of this property?
This property features: Dollar General lease has a 15‑year absolute NNN structure; Rent commenced in Aug 2016; Dollar General credit rating recently upgraded to BBB
(325) 864-9775 Call to check price and availability
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