1110 8Th St Chadron, NE 69337
- Specialty properties
- 10,000 SF
Current Use by Public Records
- Specialty properties
Property Details for 1110 8Th St
- Year built
- 2024
- Property size
- 10,000 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree storefront in Chadron, Nebraska. Built in 2024, this single-story building boasts a 10-year lease with a nationally recognized, investment-grade credit tenant. The lease includes five, five-year renewal options, each with a $5,000 annual rent increase. The property enjoys a strong 7.65% cap rate and a net operating income (NOI) of $161,500, generating a substantial return on investment. Located at 1110 W 8th St, this property benefits from excellent visibility and co-tenancy with major retailers such as McDonald's, Safeway, USPS, Walmart Supercenter, and Exxon. The site features a concrete parking lot and serves a substantial population base: over 14,094 residents within a 5-mile radius and over 75,484 within 10 miles. The building also includes a 20-year roof warranty. Dollar Tree, acquired by Dollar General in 2015, is a leading discount retailer with over 16,000 locations nationwide, demonstrating resilience and growth even during challenging economic periods. This property offers a secure, high-yield investment with a strong tenant and prime location. The asking price is $2,111,111.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chadron
- County
- Dawes
- State
- Nebraska
- Longitude
- -103.015
- Latitude
- 42.8236
