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198 Oak St
Dawson, MN 56232

$1,100,525 USD

Storefront For Sale  •  8,320 SF

Property Details

  • Property Type Storefront
  • Total Building Size 8,215 SF
  • Lot Size 1.23 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning F1
20 Walk Score

Highlights

Primary Community Staple & Grocery Hub: Serving as a vital neighborhood retail pillar for Dawson, MN.
Strategically Positioned Along Primary Transit Corridor: Located directly on Oak Street, the store captures high visibility
Rent Increases: Features 10% rent escalations at each of the four (4), five-year renewal options, enhancing long-term income growth.
Recent Corporate Retrofit & Modern Build: The building was originally constructed in 2015 and underwent a comprehensive corporate rebranding
Affluent Regional Demographic: The surrounding Dawson submarket features an exceptionally strong economic profile
Corporate Guarantee (NYSE: DG): Lease guaranteed by Dollar General Corporation, a Fortune 100 company

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General
Connor Knauer 404-400-2794 Matthews Real Estate Investment Services
Connor Knauer 404-400-2794 Matthews Real Estate Investment Services