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49138 Us-20 Oneill, NE 68763

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For Lease
$2,214,933

New Dollar General Market in O'Neill, Nebraska for rent.

Building Details

Year built
2024

Source: Bryan Bender Agent Bryan Bender

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Dollar General Market NNN Lease

This 12,687 square foot Dollar General Market store is located in O'Neill, Nebraska. The property is secured with a 15-year absolute NNN lease, offering zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the four 5-year options to renew. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of "BBB", classified as investment grade. Constructed in 2024, the store successfully opened for business in July 2024. The property is positioned on the main thoroughfare, US-20, which sees 4,487 cars per day. Within a 10-mile radius, the population is 5,163, and the average household income within a 3-mile radius is $74,088 per year. The property features a concrete parking lot. The offering represents an opportunity for a 1031 exchange buyer or a passive investor to attain fee simple ownership of a Dollar General. The investment offers continued success due to the financial strength and proven profitability of the tenant. The list price reflects a 6.75% cap rate based on net operating income of $149,508. There are 14 years remaining on the primary term.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Map

City
Oneill
County
Holt
State
Nebraska
Longitude
-98.6183
Latitude
42.6164

FAQs

What type of property is this?
Grocery and convenience store - New Dollar General Market in O'Neill, Nebraska for rent.
Where is this grocery and convenience store located?
The property is located at 49138 Us-20 Oneill, NE.
What are key features of this property?
This property features: - 15-Year Absolute NNN Lease with Zero Landlord Responsibilities, offering a completely passive investment.; - Corporate Guarantee by Dollar General Corporation with an Investment Grade “BBB” Credit Rating.; - 5% Rental Rate Increases Every 5 Years, including at each of the Four (5 Year) Options to Renew.
More about this property
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