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Dollar General 406 N 5th Ave E 9,206 SF Retail Building Truman, MN 56088 $1,218,000 ($132.31/SF) 7.15% Cap Rate
Investment Highlights
- Absolute NNN Lease Through December 2034 – Zero Landlord Responsibilities
- Corporate Guarantee – Over 20,000 locations
- Built-To-Suit in 2019
- Only Dollar Store in Truman and 17 Miles from Next Dollar General
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,206 SF
Building Class
B
Year Built
2019
Price
$1,218,000
Price Per SF
$132.31
Cap Rate
7.15%
NOI
$87,073
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.02 AC
Zoning
Commercial
Property Taxes
| Parcel Number | 410400570 | Improvements Assessment | $707,700 |
| Land Assessment | $32,600 | Total Assessment | $740,300 |
Property Taxes
Parcel Number
410400570
Land Assessment
$32,600
Improvements Assessment
$707,700
Total Assessment
$740,300
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Dollar General | 406 N 5th Ave E
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