Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
MinnesotaNet Lease

Boulder Group sells Dollar General in Minnesota

October 2, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

The Boulder Group completed the sale of a single-tenant Dollar General at 555 Meeker Ave’ W in Eden Valley, Minnesota, for $1.224 million.

The newly constructed 9,100-square-foot property is strategically located along State Highway 55, the primary thoroughfare in the parish. Dollar General serves as a primary convenience shopping destination for residents in the area with limited competition.

The subject property is located within close proximity to multiple residential communities, local businesses and schools. Eden Valley is located about 30 miles south of St. Cloud and is part of the St. Cloud MSA. The average household income is $72,097 within 10 miles of the property.

Randy Blankstein and John Feeney of The Boulder Group represented the seller in the transaction, a Southeast-based developer. The buyer was a private investor.

There are approximately 15 years remaining on the Dollar General lease. The lease features 10 percent rental escalations in each of the three five-year renewal option periods.

Tags
Boulder GroupDollar GeneralEden PrairieMinnesotanet leaseretail
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisHealthcareOffice

Cushman & Wakefield represents Hollister Inc. in $11 million sale of Hollister Grove MOB portfolio in Libertyville

December 1, 2023
IllinoisCRE

Lee & Associates of Illinois promotes Michael O’Leary to executive vice president

December 1, 2023
IllinoisOffice

Transwestern brokers new lease, space expansion at The National

December 1, 2023
IllinoisIndustrial

ChicagoWest Business Center welcomes Meta to DeKalb

December 1, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com