Dollar General - Deer River Listing Details & Market Data

$1,336,492 6.50% Cap Rate $86,872 NOI SUMMARY: We are pleased to present an exceptional investment opportunity: a Dollar General store located in Deer River, Minnesota. This executive summary highlights the key details and market information that make this property an enticing investment. With its strong 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 $1,336,491.69, providing an opportunity for an advantageous investment entry point. The current Net Operating Income (NOI) is $86,871.96, demonstrating the property’s ability to generate substantial income. The NNN (Triple Net) rate of $9.55 ensures that operating expenses are covered by the tenant, minimizing landlord responsibilities. HIGHLIGHTS: • Absolute NNN Lease with 9 Years of Term Remaining • Opened in 2017 with BTS Construction • Four (5 Year) Options with 10% Increases • Limited Competition and Convenient Location ***CONTACT LISTING BROKERS FOR MORE INFORMATION***