Retail Space - For Sale
930 Minnesota 3 Northfield, MN 55057
Details & Description
Price: $1,865,942
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.490
  • Building Sq Ft 10,640
  • Building Price per Sq Ft $170.41
  • Land Sq Ft 64,904
  • Land Price per Sq Ft $27.94
  • NOI $96,096
  • CAP Rate % 5.15
Brisky Net Lease is pleased to offer this new Dollar General Plus in Northfield, MN. This Dollar General Plus store has a great location with excellent visibility along MN Highway 3. 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 continues to grow. Dollar General Plus locations have a larger square footage to allow for a high-capacity-cooler counts, an extended queue lineand a broader product assortment.Located in the great community of Northfield, which is located about 45 miles south of the Twin Cities. Northfield is a college town with a strong arts and cultural scene, home to St. Olaf and Carleton colleges and has been voted Best Place to Retire in America by Money Magazine.Dollar General is the nation’s largest small-box discount retailer! Dollar General operates 18,566 stores in 47 states, 18 traditional distribution centers and 10 DG Fresh cold storage facilities as of July 29, 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. 
Property Highlights
Listing Agents
Brian Brisky

O: 612-413-4200
M: 715-529-4441
info@brisky.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

930 Minnesota 3

Northfield, MN 55057

Dollar General

Listing ID: 296571
$1,865,942
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 1.490
  • Building Sq Ft 10,640
  • Building Price per Sq Ft $170.41
  • Land Sq Ft 64,904
  • Land Price per Sq Ft $27.94
  • NOI $96,096
  • CAP Rate % 5.15
930 Minnesota 3 Northfield, MN 55057 | for Sale | Photo 1
Property Highlights
 Consistently Rated as a Great Community & Place to Live
 Located in Close Proximity to the Twin Cities
 Great Demographics & Growing Population
 Home to Two World-Class Colleges
 Strong & Diverse Local Economy
 New Dollar General Plus Store
Description

Brisky Net Lease is pleased to offer this new Dollar General Plus in Northfield, MN. This Dollar General Plus store has a great location with excellent visibility along MN Highway 3. 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 continues to grow. Dollar General Plus locations have a larger square footage to allow for a high-capacity-cooler counts, an extended queue lineand a broader product assortment.

Located in the great community of Northfield, which is located about 45 miles south of the Twin Cities. Northfield is a college town with a strong arts and cultural scene, home to St. Olaf and Carleton colleges and has been voted Best Place to Retire in America by Money Magazine.

Dollar General is the nation’s largest small-box discount retailer! Dollar General operates 18,566 stores in 47 states, 18 traditional distribution centers and 10 DG Fresh cold storage facilities as of July 29, 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. 

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Northfield Area Market Trends

Listing Demographics for 930 Minnesota 3 Northfield, MN 55057

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7,89721,75624,027
Population Median Age373636
Population by Age0-9 Yrs636 (8%)1895 (8%)2144 (8%)
10-19 Yrs1568 (19%)4420 (20%)4740 (19%)
20-29 Yrs1634 (20%)4869 (22%)5054 (21%)
30-39 Yrs632 (8%)1835 (8%)2076 (8%)
40-49 Yrs1028 (13%)2180 (10%)2506 (10%)
50-59 Yrs867 (10%)2360 (10%)2747 (11%)
60-69 Yrs734 (9%)2178 (10%)2495 (10%)
70+ Yrs798 (10%)2019 (9%)2265 (9%)
Median HH Income$62,249$69,280$73,098
Total Household Income< 24K442 (17%)1020 (15%)1051 (14%)
25-49K449 (18%)1307 (19%)1404 (18%)
50-74K608 (24%)1274 (19%)1393 (18%)
75-99K297 (11%)872 (13%)1020 (13%)
100-199K541 (21%)1735 (26%)2084 (27%)
200K+150 (6%)444 (6%)539 (7%)
Highest Education LevelNo Diploma214409451
Diploma or GED98925322890
Some College69719972387
Assoc. Degree54612951502
Bachelors Degree81625832957
Higher Degree105425022755
Total Housing Units2,7127,2128,094
--Owner-Occupied1,5304,4905,263
--Renter-Occupied9562,1622,229
Owner-Occupied Values< 100K61272286
100-199K53212681339
200-299K65116641926
300-399K2038651068
400-499K64290397
500K+20129247
Total Working Age Population6,65318,48820,283
In Work Force4,44512,90614,131
Not In Work Force2,2085,5826,152
Workforce Employed4,14112,09513,288
Workforce Unemployed303799829
Civlian Workforce4,44512,89414,117
Military Workforce01214
Total Households2,4866,6527,492
Family Households1,4474,0164,701
Non-Family Households1,0402,6362,791
Married Couple1,1903,4004,020
Other Family257616681
Married w/Child5021,3711,596
Single Male w/Child85122135
Single Female w/Child115298324

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Minnesota4,919,479+85,303,925+75,687,161+55,974,304
Dakota County355,904+12398,552+9434,203+7463,564
Rice County56,665+1364,142+265,575065,297

Total Working Age Population:

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Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 30
Rochester International Airport (RST) 50
Duluth International Airport (DLH) 172
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