16248 Central Ave NE - Freestanding FOR SALE
Ham Lake, MN 55304 |
$1,686,957 USD
612-332-6600
16248 Central Ave NE
Ham Lake, MN 55304
HIGHLIGHTS
- Dollar General is on a NNN lease with over 11 years remaining and 10% increases during the five 5-year renewal option periods.
- This Dollar General property is located at the signalized intersection of Highway 65 and Constance Blvd in Ham Lake, MN.
- Ham Lake is located within the Minneapolis-St. Paul Metropolitan Area approx. 20 miles north of downtown Minneapolis.
- Strong demographics within a 5-mile radius, with an average household income of $150,413 and a population of 55,264.
- Large lot size potential to add second tenant or sell part of land.
- 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.
FOR SALE DETAILS
PRICE
$1,686,957 USD
PRICE/SF
$185 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.09 AC
LAND SF
91,040 SF
ZONING
-
APN/PARCEL ID
17-32-23-24-0016
ASK ABOUT THIS PROPERTY
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612-332-6600
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612-332-6600
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