Family Dollar - Duluth, MN

(Click on Image to Enlarge)

Pricing and Location


Price:   $1,539,000

Address:   952 Commonwealth Ave, Duluth, MN 55808

Status:   Available

Property Details


CAP Rate: 7.25% Year Built: 2015
Net Rentable Area: 8,350 Price Per Sqft: $184.31
Lot Size (Acres): .927 NOI: $111,569

Marketing Materials


Property Description


This newly constructed corporate guaranteed Family Dollar lease offers a passive investor the opportunity to own "the only game in town". Other than a peppering of a few regional retailers, there is no national discount retailers, sundry shop or grocery store for almost 8-miles from the subject site. Predominantly residential in nature, the site sits on the banks of the St Louis River and Spirit Lake along the Wisconsin border.

Duluth is a seaport city that is metropolitan in nature. Duluth is the second largest city on Lake Superior shores after Thunder Bay, Ontario (Canada).

A tourist destination for the midwest, Duluth features America's only fresh-water aquarium, the Great Lakes Aquarium, and the spectacular the Aerial Lift Bridge.

Area Map and Street View


What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557