For Sale
$1,874,000

7870 Hwy Rushville, NE 69365

High-performing Dollar General, 7% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 12,480-square-foot Dollar General storefront located at 7870 Highway 87, Whiteclay, Nebraska, 69365. Built in 2023, this property sits on a 2.02-acre lot and boasts a 7.00% cap rate. The property is currently operating under a NNN lease with Dollar General, a tenant with an investment-grade credit rating. The lease structure includes a 15-year initial term with four 5-year renewal options, each featuring a 10% rent increase. This is a truly passive investment opportunity with zero landlord responsibilities and a full corporate guaranty from Dollar General. The store, one of Dollar General's top 600 out of 18,000+ stores nationwide, is 20% larger than a standard store, reflecting the high anticipated sales volume in this location. Its success is attributed to the significant unmet retail demand in the surrounding area, creating a retail desert that drives substantial customer traffic. The property is available for immediate closing. This is an ideal 1031 exchange property. Dollar General is a highly successful retailer, having reported 33 consecutive quarters of growth. This is a rare chance to acquire a high-performing, low-maintenance asset with a strong tenant and excellent long-term prospects.

Highlights

  • Top-performing Dollar General store, ranking in the top 3% nationally.
  • 20% larger than a standard Dollar General, indicating high projected sales volume.
  • Located in a retail-underserved area, experiencing strong demand and high customer traffic.
  • Absolute NNN lease with full corporate guaranty from Dollar General.
  • New construction (2023).

Property Details for 7870 Hwy

Property type
Retail properties, Retail space
Square Feet
12,480 SF
Year Built
2023
Lot Size (sq. ft)
87,991 SF

Location Insight

City
Rushville
County
Sheridan
State
Nebraska
Latitude
42.99682
Longitude
-102.55444

FAQs

What type of property is this?
Retail property - High-performing Dollar General, 7% cap rate.
Where is the retail property located?
The property is located at 7870 Hwy Rushville, NE.
What is the asking price?
The asking price for this property is $1,874,000.
What are key features of this property?
This property features: Top-performing Dollar General store, ranking in the top 3% nationally.; 20% larger than a standard Dollar General, indicating high projected sales volume.; Located in a retail-underserved area, experiencing strong demand and high customer traffic.
How can I contact the broker?
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7870 Hwy
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