Brisky Net lease is pleased to announce the sale of this recently built Dollar General in Crosslake, MN.
Brisky represented the seller in the transaction of this absolute NNN investment property. The property is located in a popular vacation community with ideal demographics where it receives high visibility due to its prime corner location.
Crosslake is located in north central Minnesota about 25 miles north of Brainerd, MN. According to the city of Crosslake, this popular vacation destination is home to 2,158 permanent residents with 60% of the 2,477 housing units in seasonal use. The approximate seasonal population is 15,000. Crosslake has excellent demographics and a growing population.
Dollar General claims the title of largest discount retailer in the United States, with over 17,000 locations in 46 states. In 2021, the corporation remains on track to open more than 1,300 new stores, remodel 1,750 stores, and relocate 100 stores. The mature retailer has shown its resistance by marking 31 consecutive years of same-store sales growth through FY 2020. Dollar Generals plans to continue their growth success by rolling out new initiatives such as their newest concept, pOpshelf shop, DG Fresh, and their non-consumable initiative.
Brisky Net Lease aims to be your comprehensive partner for NNN investment real estate. We have extensive experience in investment properties for sale, retail properties for sale, and navigating the national investment landscape successfully.