Dollar General
502 W Hwy 2, Floodwood, MN 55736
Key features
- Absolute NNN Lease With Zero Landlord Responsibilities
- Attractive 10% Rent Increases Every 5 Years Throughout Five, 5-Year Renewal Options
- Backed by Dollar General's Corporate Guarantee, an Investment-Grade (S&P "BBB") Retailer Operating Over 21,000 Locations Nationwide
- Dollar General in Floodwood, MN With 5+ Years Remaining on Current Term
- Limited Local Retail Competition - Store Serves as Primary Source of Goods for Local Residents
- Strategic Highway Location Positioned Directly on US Highway 2 (5,000+ VPD) in Floodwood, MN, Roughly Halfway Between Duluth and Grand Rapids - the Only Dollar General Location in the Trade Area
Building Details
- For Sale $1,008,000
- Property Type Retail - Freestanding
- Property Size 9,026 SF
- Units 1
- Lot Size 0.8 Acre
- Additional Rent Price on request
- Property Tenancy Single Tenant
- Year Built 2016
- Date Updated Sep 30, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Trinity Real Estate Investment Services
Location
- City Floodwood, MN
- Zip Code 55736
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Walk score 31/100 Car-Dependent
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Bike score 34/100 Somewhat Bikeable
Points of Interest
Speedway
0.42 miles
Parking Lot, Floodwood WMA
2.20 miles
Listing Summary
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Property Financials 502 W Hwy 2 is currently listed for sale at $1,008,000 for a price per square foot of $111.68.
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Property Details 502 W Hwy 2 totals 9,026 square feet of Retail space on a lot spanning 0.8 acres. The property was initially built in 2016.
Tenancy at 502 W Hwy 2 is listed as Single Tenant, comprising a total of 1 units.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 31, indicating that it is car-dependent.
Trinity Real Estate Investment Services