209 S Meridian Ave, Cozad, NE 69130

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located on 209 South Meridian Avenue, Cozad, Nebraska. This investment is being offered at $944,678 which represents a 8.25% cap rate. The subject property is a 9,100 square foot store build-to-suit in 2015. There are currently 4-years remaining on the lease which expires on January 31, 2031. Accompanied are three, five-year options, each with 10% rental increases. This triple net lease structure calls for tenant responsibilities of taxes, insurance, common area maintenance, roof, and structure. There are no landlord responsibilities. This site is located along South Meridian Avenue with over 4,200 vehicles passing by daily. The 5-mile population is over 4,500 residents. Cozad is in the south-west area of Nebraska, 42 miles west of North Platte, NE, 179 miles west of Lincoln, NE, and 234 miles west of Omaha, NE. The property is located on the main retail corridor, with many nationally accredited tenants such as Subway, Tractor Supply, Burger King, Dairy Queen and Pizza Hut. The closest Dollar General is 11-miles west located in Gothenburg, NE.