NNN Leased Dollar General
For Sale
306 Nokomis Street East, Osakis, MN 56360
xThe SVN Colvin Team is pleased to present this Absolute Triple Net Dollar General in a Minnesota Lake resort town.
This location opened in October of 2015. The fifteen year base lease term runs to September 30, 2030, plus five renewal periods of five years each, with 10% rent increases in each one.
The Seller has three more similar Dollar Generals and is open to discussing a larger transaction to accommodate a 1031 Exchange.
Osakis is located on the south end of the popular Lake Osakis, a 6,300-acre fishing and recreation area with lodges, gift and antique shops, restaurants and family attractions along with many community events and festivals held throughout the year. This Dollar General is located just north of the I-94 Exit on busy Highway 82 and surrounded by commercial and residential. There are over 10,000 people living within a ten mile radius, plus vacation home owners and visitors. Co-listed with MN Broker Of Record SVN Northco.
Key features
- Absolute NNN
- Assumable Financing (Non Recourse / Interest Only!)
- Part of a 4 Dollar General Portfolio
Building Details
- For Sale $1,103,742
- Property Type Retail - Street Retail
- Property Size 9,220 SF
- Lot Size 1.56 Acre
- Additional Rent Price on request
- Property Tenancy Single Tenant
- Date Updated Aug 15, 2026
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Peter Colvin
SVN | Silveri Company
Location
- City Osakis, MN
- Zip Code 56360
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Walk score 47/100 Car-Dependent -
Bike score 54/100 Bikeable
Powered by Walk Score ®
Points of Interest
Deluxe Oil
0.53 miles
Tesoro
0.59 miles
School Bus Parking
0.29 miles
Car/Boat Trailer Parking
0.38 miles
Parking Lot, Osakis WMA, North Unit
1.30 miles
Parking Lot, Spohn WMA
3.04 miles
Parking Lot, Randall WMA
3.62 miles
Parking Lot, West Union WMA
3.66 miles
Parking Lot, Quistorff WMA
3.79 miles
Parking Lot, Aurzada Prairie WMA
3.84 miles
Parking Lot, Kuhtz Lake WMA
6.42 miles
Parking Lot, Santer WMA
6.47 miles
Listing Summary
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What is the asking price at NNN Leased Dollar General?
NNN Leased Dollar General is currently listed for sale at Price on request.
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What is the total size of NNN Leased Dollar General?
NNN Leased Dollar General has a total of 9,220 square feet.
Contact Peter Colvin
Peter Colvin
SVN | Silveri Company
