Dollar Tree Elk River, MN

18025 Zane Street Northwest
Elk River, MN

Price: $1,450,000
Cap Rate: 7.32%
NOI: $106,250
Building Size: Approx. 8,500 Sq. Ft.
Lot Size: Approx. 1.6 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2008

Investment Overview

  • Corporate Guarantee NNN Lease w/ 1.5 Yrs Remaining & (2) 5 Yr Renewal Options
  • Dollar Tree is an S&P BBB Rated Company Operating Thousands of Stores
  • Located in High Traffic Corridor Adjacent to US Hwy 10 & US Hwy 169 (75K VPD)
  • Near Walmart Supercenter, The Home Depot, PetSmart, Target, Aldi, Goodwill
  • Strong Income Demos with $84,530 within a 1-mile Radius
  • Elk River¬† |¬† One of the Lowest Overall Tax Rates in the State of Minnesota