Dollar General Atwater

603 Pleasant Ave W, Atwater, MN 56209

  • For Sale $1,226,921
  • Property Type Retail - Street Retail
  • Property Size 9,100 SF
  • Lot Size 1.08 Acre
  • Property Tenancy Single Tenant
  • Year Built 2016
  • Date Updated Apr 28, 2024
$1,226,921 6.50% Cap Rate d$79,750 NOI SUMMARY: We are pleased to present a remarkable investment opportunity: a Dollar General store located in Atwater, Minnesota. This executive summary highlights the key details and market information that make this property an enticing investment. With its solid financial performance, favorable lease terms, and promising market indicators, this offering presents a compelling proposition for investors seeking stable returns and potential long-term growth. The property is listed at an attractive price of $1,226,920.62, providing an opportunity for an advantageous investment entry point. The current Net Operating Income (NOI) is $79,749.84, demonstrating the property’s ability to generate substantial income. The NNN (Triple Net) rate of $8.76 ensures that operating expenses are covered by the tenant, minimizing landlord responsibilities. HIGHLIGHTS: • Absolute NNN Lease with 8+ Years of Term Remaining • Five (5 Year) Options with 10% Increases • 2016 BTS Construction • Limited Competition and Convenient Location ***CONTACT LISTING BROKERS FOR MORE INFORMATION***

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Contacts

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent
  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Atwater, MN
  • Neighborhood Atwater
  • Zip Code 56209

Points of Interest

  • Mel's Sport Shop Guns & Gifts

    9.87 miles

  • Parking Lot, Butternut WMA

    3.69 miles

  • Parking Lot, Butternut WMA

    3.70 miles

  • Parking Lot, Gennessee WMA

    4.43 miles

  • Parking Lot, Yohi WMA

    5.09 miles

  • Parking Lot, Yohi WMA

    5.62 miles

  • Parking Lot, Popular WMA

    5.80 miles

  • Parking Lot, Wieker WMA

    6.57 miles

  • Parking Lot, Rodewald WMA, West Unit

    7.84 miles

  • Parking Lot, Dietrich Lange WMA

    8.11 miles

  • Parking Lot, Rodewald WMA, East Unit

    8.45 miles

Frequently Asked Questions

What is the lease rate for Dollar General Atwater?

Rental asking rate at Dollar General Atwater is $613,460.50/YR.

What is the total square footage of Dollar General Atwater?

Dollar General Atwater totals 9,100 square feet.

When was this property built?

Dollar General Atwater was built in 2016.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449