Listing Agency: Stefka Agency, Inc Show Phone

Listed By: Robert P. M. Stefka · License #NE 20120361

Source: Moodyscre

Added: Nov 2 Changed: Nov 4 Last Checked: Nov 4 at 2:24PM

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Investment Insights

Based on property information with market context.

This convenience retail property at 1009 Lake Ave in Gothenburg, Nebraska, has been occupied by Dollar General since 2000. The lease is supported by a corporate guarantee, with approximately three years remaining and one additional five-year renewal option that includes a contractual rent increase.

A separate warehouse area is available for lease, offering space distinct from the existing retail tenancy.

Key Highlights

• Dollar General has occupied the property since 2000 under a corporate‑guaranteed lease
• Approximately three years remain on the current lease, with one additional 5‑year renewal option
• Renewal option includes a contractual rent increase

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 69138, NE

4,323

Population

1,921

Households

2.3

Avg Household Size

43

Median Age

24%

College-Educated

93%

High-School Grad

328.1 sq mi

ZIP Area

13

Density / Sq Mi

$81,250

Median Household Income

$46,703

Median Earnings

$834

Median Rent

$179,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Multi-Building Flex Space

405 Lake Avenue, Gothenburg, NE 69138

$1,687,000

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Two-Story Mixed-Use Building

1001 Lake Ave, Gothenburg, NE 69138

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - A separate warehouse area is available for lease alongside the established retail tenancy.

Where is this grocery and convenience store located?

The property is located at 1009 Lake Ave Gothenburg, NE.

What is the asking price?

The asking price for this property is $419,000.

What are key features of this property?

This property features: Dollar General has occupied the property since 2000 under a corporate‑guaranteed lease; Approximately three years remain on the current lease, with one additional 5‑year renewal option; Renewal option includes a contractual rent increase