620 Fairhaven N ave - Freestanding FOR SALE
South Haven, MN 55382 |
$2,018,000 USD
858-373-3174
620 Fairhaven N ave
South Haven, MN 55382
HIGHLIGHTS
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant (S&P: “BBB”), Ranked #111 on Fortune 500
- Dollar General is the Nation’s Largest Retailer with 20,594+ Stores
- Brand New Construction with Partial Brick Storefront, Oversized Parcel
- Serving Over 18,300 Residents in Growing Trade Area, 55 Miles Northwest of Minneapolis
FOR SALE DETAILS
PRICE
$2,018,000 USD
PRICE/SF
$222 USD /SF
CAP RATE
6.87%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.39 AC
LAND SF
60,594 SF
ZONING
-
APN/PARCEL ID
115-500-161303
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858-373-3174
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858-373-3174
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