Dollar General | Floodwood, MN

For Sale

502 U.S. 2, Floodwood, MN 55736

This Floodwood property for sale is located at 502 U.S. 2. The current listed sale price for Dollar General | Floodwood, MN is $1,077,517. Dollar General | Floodwood, MN is situated on a lot that is 0.71 acre in size.

Contacts

broker
Brian Brisky

Brisky Net Lease

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,026 SF
  • Lot Size 0.71 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2016
  • Date Updated Dec 11, 2024
n/aAbsolute NNN Lease - Absolute NNN Master lease with zero landlord responsibilities. Investors will appreciate the established national tenant, over 6 years of term remaining, and corporate guarantee. Limited Competition - This Dollar General serves as a crucial retail option in an underserved area with minimal direct competition. Floodwood, located in St. Louis County, is strategically positioned roughly halfway between Duluth and Grand Rapids. Larger retail hubs, including Hibbing, Grand Rapids, and Cloquet, are 30–40 minutes away, ensuring consistent demand from the local community and travelers. Well-Positioned in the Market - This property is situated in a local retail submarket with a remarkably low vacancy rate of 0.5%. The tenant benefits from below-market rent, and the newer, easily accessible building enhances its appeal. Strategic Highway Location - Located along U.S. Highway 2, Floodwood’s primary thoroughfare with over 5,200 vehicles passing daily, the property benefits from dual highway access via U.S. Highway 2 and MN Highway 73, making it a convenient retail stop for both locals and travelers.
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Getting around

  • 31/100

    Walk Score ®

  • 34/100

    Bike Score ®

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Location

  • City Floodwood, MN
  • Zip Code 55736

Points of Interest

  • Speedway

    0.42 miles

  • Parking Lot, Floodwood WMA

    2.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brian Brisky

Brisky Net Lease