Dollar General Absolute NNN
For Sale
Contact for pricing
1519 E 7th Street, Wayne, NE 68787
Corporate-backed retail investment with an absolute NNN lease and renewal options providing scheduled rent increases.
Property SizeContact for details
Days on Market144
Property Features for 1519 E 7th Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BR691523000
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty
Investment Insights
Based on property information with market context.
This 9,100 SF Dollar General Plus store has operated since January 2022 and is subject to a 15-year absolute NNN lease, leaving no landlord responsibilities under the stated lease structure. The agreement includes four 5-year renewal options, 10% rental increases at each option, and a 3% increase in year 11 of the initial term. Dollar General Corporation provides the corporate guarantee and carries a BBB credit rating classified as investment grade.
The property occupies the corner of Centennial Rd and East 7th St in Wayne, Nebraska, along a primary thoroughfare recording 6,654 cars per day. The surrounding area includes residential, retail, and industrial uses, while Wayne Municipal Airport is approximately 1 mile away. The site is also supported by a 10-mile population of 9,252 and a 3-mile average household income of $65,862. The offering is positioned for a 1031 exchange or passive ownership strategy.
The property occupies the corner of Centennial Rd and East 7th St in Wayne, Nebraska, along a primary thoroughfare recording 6,654 cars per day. The surrounding area includes residential, retail, and industrial uses, while Wayne Municipal Airport is approximately 1 mile away. The site is also supported by a 10-mile population of 9,252 and a 3-mile average household income of $65,862. The offering is positioned for a 1031 exchange or passive ownership strategy.
Key Highlights
- 9,100 SF Dollar General Plus store operating since January 2022
- 15‑year absolute NNN lease with no landlord responsibilities
- Four 5‑year renewal options with 10% rental increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 54%
Shops & Services 46%
Bomgaars
Home Improvements & Furnishings
8,876 visits/mo
0.1 miles
Dollar General
Shops & Services
7,424 visits/mo
0.1 miles
Demographics for 68787, NE
6,862
Population
2,668
Households
2.6
Avg Household Size
28
Median Age
33%
College-Educated
94%
High-School Grad
143.4 sq mi
ZIP Area
48
Density / Sq Mi
$59,184
Median Household Income
$18,536
Median Earnings
$705
Median Rent
$206,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed retail investment with an absolute NNN lease and renewal options providing scheduled rent increases.
Where is this nnn property located?
The property is located at 1519 E 7th Street Wayne, NE.
What are key features of this property?
This property features: 9,100 SF Dollar General Plus store operating since January 2022; 15‑year absolute NNN lease with no landlord responsibilities; Four 5‑year renewal options with 10% rental increases
