Map of Property

Dollar General Atwater

For Sale

603 Pleasant Ave W, Atwater, MN 56209

This Atwater property for sale is located at 603 Pleasant Ave W. The current listed sale price for Dollar General Atwater is $1,226,921. Dollar General Atwater is situated on a lot that is 1.08 acre in size.

Contacts

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449

Property Details

  • 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 20, 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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Getting around

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  • 36/100

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Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449