Dollar General | Limited Competition
100 Lincoln Ave W. Fairfax, MN 55332
Price: $1,022,000
Status: Sold
Cap Rate: 7.25%
Year Built: 2017
NOI: $74,101
Lot Size: 2.52 acres
Price Per Foot: $136
SF: 7,489
Remaining Term: 9.6 Years
Lease Type: Abs. Triple-Net (NNN)
Property Intro
We are pleased to present an exceptional investment opportunity: a Dollar General store located in Fairfax, Minnesota. This executive summary highlights key details and market information that make this property an attractive investment. With its strong financial performance, favorable lease terms, and promising market indicators, this offering presents an enticing proposition for investors seeking stable returns and long-term growth potential.
The property is listed at a competitive price of $1,022,000, offering an opportunity for a favorable investment entry point. The current Net Operating Income (NOI) is $74,101.44, demonstrating the property’s income-generating potential. The NNN (Triple Net) rate of $9.89 ensures that operating expenses are covered by the tenant, providing a hassle-free investment.