7870 HwyRushville, NE 69365

  • Retail properties
  • 12,480 SF
For Sale
$1,874,000 View listing

Property Details for 7870 Hwy

Year built
2023
Lot size
2.02 AC
Property size (Sq ft)
12,480 SF
Property type
Retail properties
Property subtype
Retail space

Description

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.

Location Insight

City
Rushville
County
Sheridan
State
Nebraska
Latitude
42.9968
Longitude
-102.554

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].