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1606 3rd Ave E
Alexandria, MN 56308
 Dollar General · Retail Property For Sale

Retail Spaces Minnesota Alexandria 1606 3rd Ave E, Alexandria, MN 56308

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INVESTMENT HIGHLIGHTS

  • Long-term lease—13+ years remain
  • Located along County Road 82 (10,000 VPD)
  • Average household income within ten miles exceeds $103,000
  • 5% rental escalations every five years
  • 31,000+ people live within a 10-mile radius
  • Proximity to several nationally recognized retailers—Wells Fargo, Elden’s Fresh Food, Verizon, Goodwill, & Ace Hardware

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
10,687 SF
Building Class
C
Year Built
2024
Price
$2,361,608
Price Per SF
$220.98
Cap Rate
6.35%
NOI
$149,962
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.08 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
20 Spaces (11.12 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Number 63-2638-000 Improvements Assessment $907,700
Land Assessment $217,400 Total Assessment $1,125,100

PROPERTY TAXES

Parcel Number
63-2638-000
Land Assessment
$217,400
Improvements Assessment
$907,700
Total Assessment
$1,125,100
 

  • Listing ID: 38928344

  • Date on Market: 12/30/2025

  • Last Updated:

  • Address: 1606 3rd Ave E, Alexandria, MN 56308

More public record information on 1606 3rd Ave E, Alexandria, MN 56308

The Retail Property at 1606 3rd Ave E, Alexandria, MN 56308 is currently available for Sale. Contact The Boulder Group for more information.

NEARBY LISTINGS

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