An investment opportunity with the tenant Dollar General, a well-known retail chain. This is a reputable tenant that can bring a positive return in investment. Dollar General currently has a six and a half year lease agreement with a five-year renewal option. This is a relatively long-term commitment from the tenant, which can provide stability and predictability in rental income.
Property Type | Retail |
---|---|
Year Built | 2007 |
Tax Year | 2023 |
Listing ID | VZ4CCM |
Building Size | 9,100 SF |
Lot Size | 1.16 AC |
Taxes | $3,026 |
Property Highlights
Investment Opportunity Good Visibility off HWY 169 Long-term Commitment from Tenants Consistent Passive Income
Area DescriptionRegion: Blue Earth
Region: Minnesota
Parking Places: | 32 |
Location: | Good visibility off Highway 169 makes the location attractive to customers and benefits the tenant's business. Being located near a tourist attraction like the Green Giant also increases foot traffic and potential customers. Nearby businesses are well-known—a positive sign to the property's potential. The area is commercially active and desirable for business. |