Just Sold! Brisky Net Lease represented the seller in the sale of this brand new Dollar General in Hinckley, MN.
This single tenant net lease property has an excellent location close to Interstate 35 in Hinckley, MN where it receives great visibility with 9.7K vehicles per day. Hinckley is located halfway between the Twin Cities and Duluth, along I-35, making the city a convenient getaway and stopping point for travelers from the Twin Cities, Duluth and surrounding areas. The city is home to the Grand Casino Hinckley, which according to the state of MN welcomes more than 1.8 million visitors each year. Hinckley is also home to Minnesota’s largest state park, St. Croix State Park, which is made up of 33,000 acres and attracts over 200,000 visitors annually.
Dollar General is the nation’s largest small-box discount retailer! Dollar General operates 16,979 stores in 46 states as of October 30, 2020. In fiscal year 2019, Dollar General had $27.8B billion in sales, opened 975 new stores, remodeled 1,024 stores and relocated 100 stores. Dollar General ranks #119 of Fortune 500 Companies and 2019 was the 30th year in a row with same store sales growth. The well-known discount store has experienced continued success during COVID-19 as an essential business.