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Investment Highlights

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

Executive Summary

Broker of Record
Kurt Sauer
License # 40628602, 41005445 (MN)
Matthews of Minnesota, LLC
701 Xenia Ave S, Ste 485 Minneapolis MN 55416
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,215 SF
Building Class
C
Year Built/Renovated
2015/2022
Price
$1,536,080 CAD
Price Per SF
$186.98 CAD
Cap Rate
8%
NOI
$122,886 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.23 AC
Zoning
F1 - Commercial

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
50-0675-080
Land Assessment
$23,393 CAD
Improvements Assessment
$354,038 CAD
Total Assessment
$377,431 CAD
  • Listing ID: 40853116

  • Date on Market: 2026-06-09

  • Last Updated:

  • Address: 198 Oak St, Dawson, MN 56232

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