Dollar General

This newly constructed Dollar General is on a NNN lease with almost 14 years remaining and 10% rent increases during the renewal option periods.
Dollar General, S&P Rated BBB, operates over 20,000 stores in U.S. states and Mexico. Year end February 2, 2024 revenues of $38.7 Billion and net worth of $6.7 Billion.
This Dollar General property is located along Highway 3 North in Northfield, Minnesota where traffic counts average 15,300 vehicles per day. Nearby retailers include Walgreens, Kwik Trip, Target, Cub Foods, McDonalds, O’Reilly Auto Parts, Big O Tires, Caribou Coffee, Taco Bell, and many more.
Strong demographics within a 5-mile radius, with an average household income of $113,912 and a population of 25,398.
There are two colleges located in Northfield, St. Olaf College (2,988+ students) and Carleton College (2,044+ students) which are both located approximately a mile from the Dollar General.
Northfield is located about 43 miles from the Twin Cities. Northfield was named by CountryLiving.com’s “50 Most Beautiful Small Towns in America” list, #1 Best Place to Live in Rice County, and #52 Best Place to Live in Minnesota.

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The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.