49138 Highway 20 - Freestanding FOR SALE


Oneill, NE 68763
$2,136,000 USD
628-228-6458
49138 Highway 20, Oneill, NE for Sale
$2,136,000 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

49138 Highway 20
Oneill, NE 68763


HIGHLIGHTS

  • 49138 Highway 20 in Oneil, Nebraska, was built in 2024 and spans 12,687 square feet, offered for $2,214,933 at a 6.75% cap rate.
  • Leased to Dollar General for its new DG Market concept, an elevated version of its original store only built at specially chosen high-volume sites.
  • Opportunity to recapture 110% of the investment in the primary term (15 years) with 5% rental increases every five years and four five-year options.
  • Passive investment opportunity as the Dollar General Corporate Guaranty assures zero landlord expenses on an absolute net lease.
  • Area boasts strong incomes, with an average annual household income of $74K, contributing to $64M in yearly consumer spending within a 5-mile radius.
  • 1031 Exchange Compatible.

OVERVIEW

$65,000 FEE to BUYER BROKER! This is an exciting opportunity to purchase Dollar General's hottest concept, in a proven market. This latest generation store, is Dollar Generals coveted DG Market - featuring expanded produce, refrigerated and frozen food offering, dairy products and an assortment of fresh meats. It truly is a one stop, shop. DG Markets are understood to be built when and where Dollar General believes there is an opportunity to capture extra high sales volumes, with their extended offerings. Less than 10% of all DGs are deemed worthy for the DG Market concept. There is an older Dollar General store on the east end of town, which is already the #1 dollar store for over 50+ miles. In our opinion, this new DG market will thrive in this location and not only capture pent up demand, but expand upon the existing customer base with it additional amenities, quickly becoming the preferred DG destination for many, many miles. Savvy investors are keen to acquire this newest generation of Lease, as it allows an investor to recapture 110% of their investment in the primary term, a rare occurrence in ANY net lease investment. Highlighted by a 15 year absolute net lease, with 4 x 5 year options, after the initial term. Featuring zero landlord responsibilities, 5% rent bumps DURING the primary term and each option, a full Dollar General Corporate Guaranty, and a BBB “investment grade” credit rating, it is ideal for the investor looking a passive, no hassle investment and a perfect 1031 exchange property. This brand new store is open and paying rent. DG is widely regarded as America’s top dollar store concept, posting 33 successive quarters of growth. Nebraska Broker of Record - Scott Johnson.

FOR SALE DETAILS

PRICE

$2,136,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,451 SF

ZONING

Commercial

APN/PARCEL ID

450629400

ASK ABOUT THIS PROPERTY

Arthur T. GriffithRX SyndicateMore Info
628-228-6458

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

Arthur T. GriffithRX SyndicateMore Info
628-228-6458

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