1110 8Th StChadron, NE 69337

Property Details for 1110 8Th St

Year built

2024

Property size (Sq ft)

10,000 SF

Property type

Specialty properties

Property subtype

Retail properties

Description

This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree storefront in Chadron, Nebraska. Built in 2024, this single-story building boasts a 10-year lease with a nationally recognized, investment-grade credit tenant. The lease includes five, five-year renewal options, each with a $5,000 annual rent increase. The property enjoys a strong 7.65% cap rate and a net operating income (NOI) of $161,500, generating a substantial return on investment. Located at 1110 W 8th St, this property benefits from excellent visibility and co-tenancy with major retailers such as McDonald's, Safeway, USPS, Walmart Supercenter, and Exxon. The site features a concrete parking lot and serves a substantial population base: over 14,094 residents within a 5-mile radius and over 75,484 within 10 miles. The building also includes a 20-year roof warranty. Dollar Tree, acquired by Dollar General in 2015, is a leading discount retailer with over 16,000 locations nationwide, demonstrating resilience and growth even during challenging economic periods. This property offers a secure, high-yield investment with a strong tenant and prime location. The asking price is $2,111,111.

Location Insight

City

Chadron

County

Dawes

State

Nebraska

Latitude

42.8236

Longitude

-103.015

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