1093 E 4th St - Freestanding FOR SALE


Ainsworth, NE 69210
$848,571 USD
619-218-6427
1093 E 4th St, Ainsworth, NE for Sale
$848,571 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

1093 E 4th St
Ainsworth, NE 69210


HIGHLIGHTS

  • New 10-Year Lease Extension Proves their Success and Shows Dollar General’s Long-Term Commitment to the Location
  • Dollar General Has Occupied This Location Since 2000
  • 10% Rent Increases Every 5-Yrs Throughout Initial Term & Options
  • Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit - S&P Rated BBB)
  • New 10-Year Transferable Roof Warranty in Place Until 2033
  • Great Visibility & Access right off E 4th St (The Major East/West Thoroughfare Connecting Ainsworth with Omaha)

OVERVIEW

The subject property is a freestanding Dollar General located in Ainsworth, NE. Dollar General has operated at this location since 2000 and they just signed a new 10-year lease with 10% increases every 5-years in the primary term and in the (3) five-year option periods, demonstrating their success and long-term commitment to the location. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's. This location benefits from its excellent visibility and frontage on E 4th Street, a major thoroughfare through Ainsworth which boasts over 6,000 vehicles per day. E 4th Street is the area’s main traffic artery connecting Ainsworth with Omaha. Additionally, this Dollar General has zero competition as the closest Family Dollar is over 45 miles away (Valentine, NE) and the closest Dollar General is over 16 miles away in (Bassett, NE). This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment opportunity.

FOR SALE DETAILS

PRICE

$848,571 USD

PRICE/SF

$57 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | 10-Year Lease Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.