84062 -121 Battle Creek, NE 68715
- Retail properties
- 7,489 SF
- 1.27 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 84062 -121
- Year built
- 2017
- Lot size
- 1.27 lot acres
- Property size
- 7,489 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 7,489 square foot Dollar General store located at 84062 NE-121, Battle Creek, NE 68715. The property sits on a 1.27-acre lot and was built in 2017. This is an absolute NNN (triple-net) lease with a remaining term of 7.8 years, providing significant passive income with zero landlord responsibilities. The lease commenced July 2, 2017, and expires July 30, 2032, with five 5-year renewal options. The asking price is $1,068,000, representing a 7.00% cap rate. The property boasts 100% occupancy since its opening and serves as the primary general merchandise and grocery store in Battle Creek, a high middle-class agricultural community with an average household income of $92,856 within a 5-mile radius. Dollar General, a Fortune 500 company, operates over 20,000 locations and enjoys an investment-grade S&P credit rating. The store benefits from direct frontage on NE Hwy 121 and proximity to downtown Battle Creek. This is a rare opportunity to acquire a stable, high-performing retail asset backed by a financially strong and reputable tenant. Rent bumps are included in the lease options.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Battle Creek
- County
- Madison
- State
- Nebraska
- Longitude
- -97.6012
- Latitude
- 42.0088
