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1300 Charles St
Park Rapids, MN 56470
Dollar Tree · Retail Property For Sale
PROPERTY FACTS
ABOUT 1300 CHARLES ST , PARK RAPIDS, MN 56470
The Subject Property is a single-tenant Dollar Tree located in Park Rapids, Minnesota. The property is very well positioned near the city’s Walmart SuperCenter. The Property also lies just off of Hwy 34. Dollar Tree is an investment grade tenant currently carrying an S&P rating of “BBB-”. While many U.S. retailers are struggling due to Amazon’s astonishing growth, discount stores such as Dollar tree are performing strongly due their strength in rural America, a market that is hard to reach by the likes of Amazon and other big e-commerce retailers. Park Rapids is considered by some as “the gateway to the lakes”, making this property a convenient stopping place for a weekend trip to the cabin. The region surrounding Park Rapids is known for recreational pursuits year round, including fishing, camping, biking, and hunting. The Park Rapids area has a population of just above 7,000 inhabitants.
PROPERTY TAXES
| Parcel Number | 32.19.00210 | Improvements Assessment | $392,600 |
| Land Assessment | $85,300 | Total Assessment | $477,900 |
PROPERTY TAXES
