7870 Hwy Rushville, NE 69365
- Retail properties
- 12,480 SF
- 2.02 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7870 Hwy
- Year built
- 2023
- Lot size
- 2.02 lot acres
- Property size
- 12,480 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 12,480-square-foot Dollar General storefront located at 7870 Highway 87, Whiteclay, Nebraska, 69365. Built in 2023, this property sits on a 2.02-acre lot and boasts a 7.00% cap rate. The property is currently operating under a NNN lease with Dollar General, a tenant with an investment-grade credit rating. The lease structure includes a 15-year initial term with four 5-year renewal options, each featuring a 10% rent increase. This is a truly passive investment opportunity with zero landlord responsibilities and a full corporate guaranty from Dollar General. The store, one of Dollar General's top 600 out of 18,000+ stores nationwide, is 20% larger than a standard store, reflecting the high anticipated sales volume in this location. Its success is attributed to the significant unmet retail demand in the surrounding area, creating a retail desert that drives substantial customer traffic. The property is available for immediate closing. This is an ideal 1031 exchange property. Dollar General is a highly successful retailer, having reported 33 consecutive quarters of growth. This is a rare chance to acquire a high-performing, low-maintenance asset with a strong tenant and excellent long-term prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rushville
- County
- Sheridan
- State
- Nebraska
- Longitude
- -102.554
- Latitude
- 42.9968