Dollar General

TBD E Calvary Rd / Milwaukee Ave, Duluth, MN

Property Information

Price Summary

$ 2,661,775

Cap Rate

6.6 %

NOI

$ 175,677

Total Lot Size

2.67 Acres

Building Size

10,566 SF

Cody Crist

Partner/Director

T: (817) 584-2000

Property Highlights

  • 2025 New Development Dollar General in Duluth, MN Rent Set to Commence September 2025
  • Absolute NNN Lease Requiring Zero LL Responsibilities
  • Attractive 5% Rent Increase Every 5 Years
  • Strong Demographic With 59,000+ Residents Within 5-Mile Radius
  • Affluent 3-Mile Community Having an Average Household Income Exceeding $117K
  • Large 2.67-Acre Corner Lot at the Intersection of Cavalry Rd and Arnold Rd
  • Limited Retail Competition – Primary Source of Retail Goods in the Area, the Only Dollar Store Within 4 Miles
  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations

Point of Contact

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Eric Kelley

Associate Director

T: (281) 610-5011

TX #9007104

Chance Hales

Partner

T: (806) 679-9776

TX# 597585

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

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