677 3rd Ave

677 3rd Ave, Wanamingo, MN 55983

RETAIL For Sale

Floors: 1

Available Spaces

SpaceSizeTypePricing
Dollar General for Sale SALE $2,076,700.00

Contact

Deborah Vannelli - Upland Real Estate Group, Inc

PHONE: 6123764475

PHONE: 6124360248

Keith A Sturm - Upland Real Estate Group, Inc

PHONE: 6123764488

PHONE: 6123326600

Description

• Lease & Term: 15-year NNN lease with 5% rent increases every 5 years, backed by a Dollar General Corporate Guaranty. • Strong Corporate Tenant: Dollar General is S&P rated BBB, operates over 20,000 stores across the United States and Mexico, with $40.6 billion in revenue and $7.4 billion in net worth as of January 31, 2025. • Location: Situated in Wanamingo, MN, approximately 60 miles southeast of Minneapolis, 30 miles northwest of Rochester, and 6 miles from Zumbrota. • Demographics: 5-mile average household income of $103,168, and population of 2,242. • High Visibility & Nearby Amenities: Positioned along a well-traveled route through Wanamingo, providing high visibility and consistent traffic for retail tenants. Located off Highway 60, near Casey’s, Beulke’s Greenscape Garden, Zumbro Valley Landscaping, Decker Power Equipment, and other local businesses. • Strong Retail Demand: The area has limited retail options, ensuring Dollar General serves as a primary shopping destination for locals.