Brisky Net Lease is pleased to offer this newly opened Dollar General in Le Roy, MN. This Dollar General store has a great location with excellent visibility along Highway 56, the main thoroughfare through town. This NNN single tenant retail property has a new lease with 15 years remaining with zero landlord responsibilities. It offers investors the opportunity to invest in this solid brand that has performed exceptionally well during Covid-19, while being situated in an underserved market.Le Roy is in Mower County about 40 miles south of Rochester, 30 miles southeast of Austin and located along the Minnesota - Iowa border. Le Roy is a vibrant small town with an active business section, including two banks, bowling alley, restaurants, a lively weekly newspaper and a historic library. The community is part of the LeRoy-Ostrander School District, is serviced full time by the Mower County Sheriff's Department and also has a Volunteer Fire Department. This Dollar General fills a void in this great small town which has limited competition in town.Dollar General is the nation’s largest small-box discount retailer! Dollar General operates 18,190 stores in 46 states, 18 traditional distribution centers and 10 DG Fresh cold storage facilities as of February 25, 2022. In fiscal year 2021, Dollar General had $34.2 billion in sales, opened 1,050 new stores, remodeled 1,752 stores and relocated 100 stores. Dollar General has had 31 consecutive years of same-store sales growth through FY 2020. As a result of the unusually high sales results experienced in 2020, Dollar General did not achieve positive same-store sales growth in 2021.
