Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

326 E Central Entrance
Duluth, MN 55811
Retail Property For Sale

Investment Highlights

  • Single-tenant Dollar Tree property under a NNN lease structure.
  • Offered at $1,395,000 with a 7.09% cap rate, above market average.
  • Surrounded by national retailers and strong residential density.
  • 9,600-square-foot building on 0.96 acres with drive-through lot.
  • Located on a major retail corridor with 27,000 vehicles per day.
  • Stable investment opportunity with consistent income potential.

Executive Summary

This offering presents a prime net lease investment opportunity with a nationally recognized tenant, Dollar Tree, located at 326 E Central Entrance in Duluth, Minnesota. The property consists of a 9,600-square-foot retail building situated on a 0.96-acre parcel with a drive-through lot, providing excellent accessibility and convenience for customers.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,550 SF
Building Class
C
Year Built
1976
Price
$1,395,000
Price Per SF
$132.23
Cap Rate
7.09%
NOI
$98,906
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
Zoning
C-5
Parking
20 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
150’ on Central Entrance E

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
010271005982
Land Assessment
$433,700
Improvements Assessment
$206,900
Total Assessment
$640,600
  • Listing ID: 28364814

  • Date on Market: 5/1/2023

  • Last Updated:

  • Address: 326 E Central Entrance, Duluth, MN 55811

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}