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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
| Parcel Number | 010271005982 | Improvements Assessment | $206,900 |
| Land Assessment | $433,700 | Total Assessment | $640,600 |
Property Taxes
Parcel Number
010271005982
Land Assessment
$433,700
Improvements Assessment
$206,900
Total Assessment
$640,600
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