1100 Giant Dr Blue Earth, MN 56013-1715
Property profile & analytics
1100 Giant Dr Blue Earth, MN 56013-1715
- Commercial real estate
- 0.50 lot acres
Property ID
US46-2701723
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dollar General / Discount Store
- FedEx OnSite / Postal Service / Courier Service
- Western Union / Bank / Credit Union
Property Details for 1100 Giant Dr
- Lot size
- 0.50 lot acres
- Property type
- Commercial real estate
- APN
- 21.305.0040
- APU
- 213050040
Description
This exceptional investment opportunity presents a fee-simple ownership of a freestanding Dollar General store in Blue Earth, Minnesota. The 9,014 square foot building, constructed in 2006 and renovated in 2020, sits on a prime location at 1100 Giant Dr, 56013. The property boasts a strong Class A Net Lease (NN+) agreement with Dollar General Corporation, offering a remaining lease term of 5.4 years with one 5-year renewal option. The lease includes rent bumps, ensuring consistent NOI growth. The current annual Net Operating Income (NOI) is $57,758, yielding a 7.75% cap rate on the $745,200 asking price. This low-management investment is ideal for passive investors seeking a stable, high-performing asset. The tenant's long-term commitment, coupled with the recent lease extension and building improvements, provides significant security and potential for future appreciation. The property benefits from its location across from Blue Earth High School and the absence of significant competition following the closure of a nearby Walmart. This is a rare opportunity to acquire a well-established, high-performing retail property with a strong tenant and favorable lease terms.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $520,000
- ML approach
- $485,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Blue Earth
- County
- Faribault
- State
- Minnesota
- Longitude
- -94.0947
- Latitude
- 43.6504
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,026
$30,600
$382,200
$412,800
-
$30,600
$382,200
$412,800
