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Investment Details

Price: $2,192,248 Location: Aitkin, MN
Cap Rate: 6.50% Lease Type: NNN
NOI: $142,496 Lease Expiration: September 2039
Demographic Information (5-Mile Radius)
2024 Population: 625
2029 Population: 645
2024 Average Household Income: $83,747
2024 Median Household Income: $59,698
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

DOLLAR GENERAL

Aitkin | Minnesota
Highlights
• Dollar General is on a 15 year NNN lease with 5% rent increases every 5 years.
• Dollar General, S&P Rated BBB, operates over 20,000 stores in the United States and Mexico.
• Dollar General is located near Mille Lacs Lake, Minnesota’s 2nd Largest Inland Lake.
• Located near several resorts including Agate Bay Resort and Appledorn’s Sunset Bay Resort.
• 10-mile average household income of $84,673.
• Aitkin is located approximately 2 hours north of Minneapolis/St. Paul.

DOLLAR GENERAL

Aitkin | Minnesota

Highlights
• Dollar General is on a 15 year NNN lease with 5% rent increases every 5 years.
• Dollar General, S&P Rated BBB, operates over 20,000 stores in the United States and Mexico.
• Dollar General is located near Mille Lacs Lake, Minnesota’s 2nd Largest Inland Lake.
• Located near several resorts including Agate Bay Resort and Appledorn’s Sunset Bay Resort.
• 10-mile average household income of $84,673.
• Aitkin is located approximately 2 hours north of Minneapolis/St. Paul.

Investment Details

Price: $2,192,248
Location: Aitkin, MN
Cap Rate: 6.50%
Lease Type: NNN
NOI: $142,496
Lease Expiration: September 2039
Demographic Information (5-Mile Radius)
2024 Population: 625
2029 Population: 645
2024 Average Household Income: $83,747
2024 Median Household Income: $59,698
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489