198 Oak St, Dawson, MN, 56232
Dollar GeneralKey Information
Highlights
• Primary Community Staple & Grocery Hub: Serving as a vital neighborhood retail pillar for Dawson, MN. This Dollar General operates as one of the primary destinations for the community’s everyday groceries, household essentials, and staple consumer goods
• Strategically Positioned Along Primary Transit Corridor: Located directly on Oak Street, the store captures high visibility and seamless vehicle access, positioning it perfectly as the convenient, go-to destination for both localized town residents and passing agricultural/regional traffic.
• Rent Increases: Features 10% rent escalations at each of the four (4), five-year renewal options, enhancing long-term income growth.
• Recent Corporate Retrofit & Modern Build: The building was originally constructed in 2015 and underwent a comprehensive corporate rebranding and facility retrofit in 2020 to meet Dollar General’s strict corporate standards, ensuring updated mechanical utility systems and finishes.
• Affluent Regional Demographic: The surrounding Dawson submarket features an exceptionally strong economic profile, with average household incomes well exceeding $100,000 across all immediate trade areas ($102,915 in the 5-mile, $108,182 in the 10-mile, and $107,942 in the 15-mile radii)
• Corporate Guarantee (NYSE: DG): Lease guaranteed by Dollar General Corporation, a Fortune 100 company with a market capitalization exceeding $23.6 billion (as of June 2026).
• Investment Grade Credit: Dollar General is rated BBB by Standard & Poor’s, reflecting strong creditworthiness and financial stability.
• Minimal Landlord Responsibilities: Double-Net (NN) corporate lease with Dollar General requires minimal landlord responsibility. This highly passive investment structure serves as a “mailbox money” asset perfect for hands-off or out-of-state buyers.
• Recent Q1 2026 Earnings Beat & Growth Momentum: Dollar General recently reported exceptional financial results for Q1 2026, surpassing Wall Street expectations with an EPS increase of 12.4% year-over-year to $2.00.
• Capturing Market Share in Budget-Conscious Rural Markets: On the earnings call, corporate leadership highlighted that macroeconomic pressures (such as rising fuel costs and tightening household budgets) are driving consumers to cut trip distances and shop local.
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