Dollar General NNN Property For Sale — Howard, SD
23300 435th Avenue, Howard, SD 57349
This well-located Dollar General store offers an excellent investment opportunity with an Absolute NNN Lease, providing zero landlord responsibilities. The property features a strong corporate guaranty from Dollar General Corporation (S&P BBB credit rating) and benefits from its strategic corner location, ensuring high visibility and consistent customer traffic. Positioned in an area with limited competition, this asset is ideal for passive investors seeking a stable income stream from a proven national tenant.
- Address: 23300 435th Avenue, Howard, SD 57349
- Asking price $1.08M
- 7.35% cap rate
- NOI $79,128
- 6.5 years remaining
- NNN lease
- Year built: 2017
- Building size: 9,026 SF
- Lot size: 2.03 acres
- Rent increases: Year 11: 3% increase; Option Periods: 10% increases
- Guarantor: Corporate
Location
This Dollar General property is at 23300 435th Avenue in Howard, South Dakota.
Asset type: Retail