930 Highway 3 N | Northfield, MN 55057
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- LoopNet Team
930 Highway 3 N
Northfield, MN 55057
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This newly constructed Dollar General is on a NNN lease with 13 years, 6 months remaining and 10% rent increases during the renewal option periods
- This Dollar General property is located along Highway 3 North in Northfield, Minnesota where traffic counts average 15,300 vehicles per day.
- There are two colleges located in Northfield, St. Olaf College (2,988+ students) and Carleton College (2,044+ students) both nearby.
- Dollar General, S&P Rated BBB, operates over 20,000 stores in U.S. states and Mexico. Year end February 2, 2024 revenues of $38.7 Billion.
- Strong demographics within a 5-mile radius, with an average household income of $113,912 and a population of 25,398.
- Northfield is located about 43 miles from the Twin Cities. Northfield was named by CountryLiving.com’s “50 Most Beautiful Small Towns in America” list
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
PROPERTY TAXES
| Parcel Number | 22.31.2.26.003 | Improvements Assessment | $1,250,500 |
| Land Assessment | $173,000 | Total Assessment | $1,423,500 |
PROPERTY TAXES
Parcel Number
22.31.2.26.003
Land Assessment
$173,000
Improvements Assessment
$1,250,500
Total Assessment
$1,423,500
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