Retail Space
249 State Street West Concord, MN 55985
Details & Description
Price: $1,606,207
    Brisky Net Lease is pleased to offer this new Dollar General in West Concord, MN. This Dollar General store has a great location with excellent visibility along Highway 56, the main north - south artery 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.West Concord is in Dodge County about 30 miles northwest of Rochester, 20 miles northeast of Owatonna and is a bedroom community for the Rochester market. This thriving Minnesota community has several parks, community pool, a public library, a historical society, and volunteer fire and rescue. 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.
    Property ID:    299380
    Property URL: melqr.com/299380
    Generated:    04-16-24
    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.
    Retail Space / Minnesota / West Concord / 55985 / 249 State Street

    249 State Street

    West Concord, MN 55985

    No Longer Listed
    249 State Street West Concord, MN 55985 | for Sale | Photo 1
    Price
    $ /mo
    Property Highlights
    Prime Highway Location
    Very Little Competition in Town
    Fills a Void in the Market
    Located Along the Busiest Corridor
    30 Miles NW of Rochester & 20 Miles NE of Owatonna
    Located in Southeast Minnesota
    Description

    Brisky Net Lease is pleased to offer this new Dollar General in West Concord, MN. This Dollar General store has a great location with excellent visibility along Highway 56, the main north - south artery 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.

    West Concord is in Dodge County about 30 miles northwest of Rochester, 20 miles northeast of Owatonna and is a bedroom community for the Rochester market. This thriving Minnesota community has several parks, community pool, a public library, a historical society, and volunteer fire and rescue. 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.

    West Concord Area Market Trends

    Listing Demographics for 249 State Street West Concord, MN 55985

    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 Population4001,2061,987
    Population Median Age384040
    Population by Age0-9 Yrs57 (14%)145 (12%)222 (11%)
    10-19 Yrs63 (15%)197 (16%)318 (16%)
    20-29 Yrs38 (9%)112 (9%)183 (9%)
    30-39 Yrs63 (15%)155 (12%)222 (11%)
    40-49 Yrs37 (9%)139 (11%)268 (13%)
    50-59 Yrs46 (11%)160 (13%)297 (14%)
    60-69 Yrs47 (11%)156 (12%)257 (12%)
    70+ Yrs48 (12%)143 (11%)220 (11%)
    Median HH Income$60,987$68,507$76,116
    Total Household Income< 24K19 (12%)53 (11%)78 (10%)
    25-49K36 (24%)96 (20%)133 (17%)
    50-74K37 (24%)105 (22%)162 (21%)
    75-99K24 (16%)86 (18%)160 (21%)
    100-199K30 (20%)98 (21%)181 (23%)
    200K+3 (2%)21 (4%)46 (6%)
    Highest Education LevelNo Diploma185393
    Diploma or GED102310486
    Some College58173293
    Assoc. Degree39111182
    Bachelors Degree28108212
    Higher Degree113766
    Total Housing Units171515843
    --Owner-Occupied118375641
    --Renter-Occupied3183118
    Owner-Occupied Values< 100K61135149
    100-199K47138220
    200-299K545114
    300-399K53583
    400-499K01031
    500K+01243
    Total Working Age Population2999291,560
    In Work Force1845941,055
    Not In Work Force115335505
    Workforce Employed1835851,035
    Workforce Unemployed1410
    Civlian Workforce1845881,045
    Military Workforce0510
    Total Households149458759
    Family Households96311546
    Non-Family Households53147213
    Married Couple75254453
    Other Family215793
    Married w/Child2892160
    Single Male w/Child82042
    Single Female w/Child71924

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Dodge County17,731+1320,087+320,646020,725
    Goodhue County44,127+546,183046,350-245,617

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 249 State Street in West Concord?
    The asking price for 249 State Street is $1,606,207
    What is the building size of this Retail property in West Concord, MN?
    The size of the building/unit at 249 State Street in West Concord is 9,100 square feet
    How much land does the West Concord, MN property at 249 State Street include?
    249 State Street in West Concord includes 1.570 acres of land
    What kind of Retail is the propery at 249 State Street?
    The property at 249 State Street West Concord, MN 55985 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 249 State Street in West Concord?
    The population within 1 mile of 249 State Street West Concord, MN 55985 is 400 people.
    Who do I contact for questions about 249 State Street?
    You should contact the listing agent, Brian Brisky, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    249 State Street, West Concord, MN $1,562,400 9100 1.57
    505 Frontage Road Northwest, Byron, MN $575,000 8658 1
    4355 Frontage Road West, Owatonna, MN $1,100,000 6079 1.44
    280 Penny Lane Northeast, Rochester, MN $950,000 16480 3
    930 Minnesota 3, Northfield, MN $1,865,942 10566 1.5
    1308 18th Avenue Northwest, Austin, MN $1,920,000 3713 1
    383 Main Street North, Chatfield, MN $490,000 2500 0.91
    14555 South Robert Trail, Rosemount, MN CALL 55000 2.65
    1311 West Front Street, Albert Lea, MN $199,000 3192 0.69
    8945 U.S. 10, Ellsworth, WI $660,000 8076 17.96

    Closest Commercial Airports

    Airport Distance (mi)
    Rochester International Airport (RST) 26
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 53
    Dubuque Regional Airport (DBQ) 164
    --
    No Longer Listed
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