Dollar General in Floodwood, MN With 5+ Years Remaining on Current Term
Absolute NNN Lease With Zero Landlord Responsibilities
Attractive 10% Rent Increases Every 5 Years Throughout Five, 5-Year Renewal Options
Backed by Dollar General's Corporate Guarantee, an Investment-Grade (S&P "BBB") Retailer Operating Over 21,000 Locations Nationwide
Strategic Highway Location Positioned Directly on US Highway 2 (5,000+ VPD) in Floodwood, MN, Roughly Halfway Between Duluth and Grand Rapids - the Only Dollar General Location in the Trade Area
Limited Local Retail Competition - Store Serves as Primary Source of Goods for Local Residents