22129 321st Ave | Aitkin, MN 56431
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22129 321st Ave
Aitkin, MN 56431
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dollar General is on a 15 year NNN lease with 5% rent increases every 5 years. The lease includes a Dollar General Corporate Guaranty.
- Dollar General is located near Mille Lacs Lake, Minnesota’s 2nd Largest Inland Lake and one of the states most popular fishing lakes.
- 10-mile average household income of $84,673.
- Dollar General, S&P Rated BBB, operates over 20,000 stores in the United States and Mexico. Year end February 2, 2024 revenues of $38.7 Billion.
- Mille Lacs is home to several resorts, including Agate Bay Resort, Appledorn’s Sunset Bay Resort, Fisher’s Resort, Mille Lacs Lake Resort, etc..
- With the nearest grocery store over 15 miles away, this Dollar General will be a much-needed resource for hundreds of seasonal guests staying nearby.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
10,566 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.72 AC
Frontage
414’ on State Highway 47
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 21-0-051312 | Improvements Assessment | $795,700 |
| Land Assessment | $55,500 | Total Assessment | $851,200 |
PROPERTY TAXES
Parcel Number
21-0-051312
Land Assessment
$55,500
Improvements Assessment
$795,700
Total Assessment
$851,200
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