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21677013
21677014

3 Locations

MM
CA CA 01888322
Prime Net Lease
Listed by Prime Net Lease
$4,195,703
477 days on market
Updated 106 days ago

Four Unit Dollar General Portfolio

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 36,104
Units 4
Cap Rate 7.64%
NOI $320,425
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 16
Lease Expiration 05/31/2031
Remaining Term 5
Rent Bumps Yes
Lease Options Three, 5-year Options
Broker Co-Op Yes
Class B
Year Built 2015,2016
Buildings 4
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/14/2015
Ownership Fee Simple

Low Rents | 7.64% CAP | No Competition In Markets

Marketing description

Available as Portfolio or in Pairs

Investment highlights

Sutherland

Exclusive Market Presence: The only dollar store in Sutherland, Nebraska, with no direct competition, ensuring a strong foothold in the local market.

Investment-Grade Tenant: Dollar General holds an S&P credit rating of BBB, reflecting its financial stability and reliability as a tenant.

National Retailer with Strong Growth: Dollar General operates over 19,000 discount stores across 47 states, emphasizing its expansive presence and continued growth.

Impressive Financial Performance: Dollar General reports annual revenues of $38 billion and a net worth of $8.2 billion (verify for most recent figures).

Prime Location Along U.S. Highway 30: Strategically positioned on a high-visibility thoroughfare, providing easy access for both local residents and travelers.

Proximity to Outdoor Recreation: Located near Sutherland Reservoir, a popular destination for fishing, boating, and camping, attracting consistent visitor traffic.

Strong Local Economy: Anchored by a robust agricultural base, including farming, ranching, and irrigation industries, supporting long-term community stability.

Convenient Access to Regional Amenities: Just 20 miles from North Platte, providing additional resources and services to the community while reinforcing Sutherland’s local importance.

Community Infrastructure and Services: Sutherland offers essential amenities such as schools, grocery stores, hardware shops, restaurants, and local service providers, ensuring steady consumer demand.

Close-Knit, Thriving Community: Sutherland combines small-town charm with strategic growth, making it an ideal location for retail investment.

Ravenna

Exclusive Market Presence: The only dollar store in Ravenna, ensuring no direct competition in the area.

Investment-Grade Tenant: Dollar General boasts an S&P credit rating of BBB, reflecting its financial strength and stability.

Strong Retailer Performance: Dollar General operates over 19,000 stores nationwide and reports $38 billion in annual revenue with a net worth of $8.2 billion (verify for most recent figures).

High Local Household Income: Average household income within a 1-mile radius supports a strong retail base.

Proximity to Community Landmarks: Located near the Ravenna Aquatic Center, Ravenna Golf Club, and Ravenna Public Schools, attracting consistent local traffic.

Highway 2 Visibility: Strategically positioned along Highway 2, offering excellent access and visibility to both local residents and regional travelers.

Community-Oriented Location: Situated in a vibrant small-town setting with a strong sense of community, supported by annual events like Ravenna Railroad Days and the historic Ravenna Depot Museum.

Growing Regional Hub: Ravenna serves as a key hub for agriculture, retail, and local manufacturing, making it an ideal location for consistent consumer traffic.

Burwell

Exclusive Market Presence: The only dollar store in Burwell, ensuring no direct competition and a consistent customer base.

Investment-Grade Tenant: Dollar General holds an S&P credit rating of BBB, reflecting strong financial stability.

Nationwide Retail Leader: Dollar General operates over 19,000 stores across 47 states, solidifying its position as one of the nation’s fastest-growing discount retailers.

Robust Financial Performance: The company reports annual revenues exceeding $38 billion and a net worth of $8.2 billion, ensuring a reliable tenant

Prime Location in Burwell: Situated near iconic attractions such as Nebraska’s Big Rodeo, Calamus Lake, Calamus Fish Hatchery, and Calamus Golf Course, this property benefits from steady local and tourist traffic.

Strong Local Business Presence: Surrounded by key area establishments, including Napa Auto Parts, Subway, Burwell Pharmacy, Spelts Do It Best Lumber Company, Great Western Bank, and Sandstone Grill.

Regional Tourism Hub: Burwell is a gateway to Calamus Lake, a popular recreational destination offering boating, fishing, and hiking, drawing thousands of visitors annually.

Community Amenities: The property is near essential services like the U.S. Post Office, Burwell Family Practice, Carquest, and Burwell Dental Clinic, increasing foot traffic to the area.

Economic Stability: Burwell is supported by a diverse local economy driven by agriculture, tourism, and retail, making it an attractive location for stable, long-term investments.

Friend

EXCLUSIVE MARKET PRESENCE: The only dollar store in town with no direct competition.

INVESTMENT-GRADE TENANT: Dollar General has an S&P credit rating of BBB, ensuring financial stability.

STRONG PERFORMANCE: Dollar General operates over 19,000 stores across 47 states and reports $38 billion in annual revenue with a net worth of $8.2 billion.

High Local Household Income: The 1-mile average household income is $75,402, supporting the retail base.

Proximity to Healthcare: Less than half a mile from Warren Memorial Hospital, a critical 19-bed access hospital serving the area.

Highway 6 Visibility: Conveniently located on Highway 6, surrounded by local businesses, including Green Top Café, Orv’s Grocery, Sidewaze Sports Bar & Grill, and more.

Community Amenities Nearby: Close to the Friend Country Club, home to one of Nebraska’s top-rated 9-hole golf courses, as well as schools, banks, and retail services.

Listing Contacts

MM
CA CA 01888322
Prime Net Lease
Listed by Prime Net Lease

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Loan Amount
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$320,425.00
$26,702.08/mo

Valuation Metrics

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DSCR
7.64%
Cap Rate
7.64%
ROI

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