Dollar General Absolute NNN
For Sale
Contact for pricing
9th Street & 12th Avenue, Columbus, NE 68601
Corporate-guaranteed retail occupancy features a long-term lease with renewal options and scheduled rent increases.
Property Size9,100 SF
Days on Market144
Property Features for 9th Street & 12th Avenue
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Net Operating Income
$85,836
Additional Details
Cap Rate
6.6%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:56AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This 9,100-square-foot Dollar General store is being developed with an absolute NNN lease structure, placing property-level responsibilities with the tenant. The agreement runs for 15 years and includes four five-year renewal options, each providing a 10% rental increase. Dollar General Corporation provides the lease guaranty and carries a BBB credit rating identified as investment grade.
The property is positioned at the intersection of 9th Street and 12th Avenue in Columbus, Nebraska. The offering includes fee-simple ownership of a single-tenant commercial asset, with rent scheduled to begin in June 2019. The investment is also reported at a 6.6% cap rate.
The property is positioned at the intersection of 9th Street and 12th Avenue in Columbus, Nebraska. The offering includes fee-simple ownership of a single-tenant commercial asset, with rent scheduled to begin in June 2019. The investment is also reported at a 6.6% cap rate.
Key Highlights
- 9,100 SF Dollar General store
- 15‑year absolute NNN lease
- Four five‑year renewal options with 10% rent increases
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 68601, NE
30,189
Population
12,963
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
286.7 sq mi
ZIP Area
105
Density / Sq Mi
$70,697
Median Household Income
$41,450
Median Earnings
$872
Median Rent
$204,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed retail occupancy features a long-term lease with renewal options and scheduled rent increases.
Where is this nnn property located?
The property is located at 9th Street & 12th Avenue Columbus, NE.
What are key features of this property?
This property features: 9,100 SF Dollar General store; 15‑year absolute NNN lease; Four five‑year renewal options with 10% rent increases
