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Brand New Dollar General Market | 15 Year Abs. Net Lease | Opening Q4 2023

1487 US-34, Aurora, NE 68818

Listing Price: $2,000,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Absolute Net
Rent Per Square Feet
$9.47

Investment Overview

Marcus & Millichap is pleased to bring to market the brand new construction Dollar General Market located in Aurora, NE.

Investment Highlights

  • Built-To-Suit Dollar General Market | 2023 Construction | Store Scheduled to Open Q4 2023
  • 15-Year Absolute Net Lease | Zero Landlord Responsibilities | 10 Percent Rent Increases at the Start of Each of the Five, Five-Year Option Periods
  • Located Along the Main Thoroughfare | US-34 Sees 8,000+ Vehicles Per Day | Positioned Just Down the Road from Community Memorial Hospital Which Receives 21,000+ Visits Annually
  • Near Aurora's Major Industrial Areas Featuring Aurora Cooperative (800+ Employees) and KAAPA Ethanol (200+ Employees) | Less than a Half Mile from Aurora High and Elementary School with 880+ Students and 70+ Faculty Combined
  • Average Household Incomes Exceeding $86,000 within 10 Miles with 80 Percent Growth in Median Household Incomes Since 2000
  • Aurora is the County Seat of Hamilton County | Located within the Grand Island, NE MSA
  • Located Just 20 Miles East of Grand Island, NE and 80 West of Lincoln, NE

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Discount

Brand New Dollar General Market | 15 Year Abs. Net Lease | Opening Q4 2023

Listing Price: $2,000,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Absolute Net
Rent Per Square Feet
$9.47

Investment Highlights

  • Built-To-Suit Dollar General Market | 2023 Construction | Store Scheduled to Open Q4 2023
  • 15-Year Absolute Net Lease | Zero Landlord Responsibilities | 10 Percent Rent Increases at the Start of Each of the Five, Five-Year Option Periods
  • Located Along the Main Thoroughfare | US-34 Sees 8,000+ Vehicles Per Day | Positioned Just Down the Road from Community Memorial Hospital Which Receives 21,000+ Visits Annually
  • Near Aurora's Major Industrial Areas Featuring Aurora Cooperative (800+ Employees) and KAAPA Ethanol (200+ Employees) | Less than a Half Mile from Aurora High and Elementary School with 880+ Students and 70+ Faculty Combined
  • Average Household Incomes Exceeding $86,000 within 10 Miles with 80 Percent Growth in Median Household Incomes Since 2000
  • Aurora is the County Seat of Hamilton County | Located within the Grand Island, NE MSA
  • Located Just 20 Miles East of Grand Island, NE and 80 West of Lincoln, NE

Investment Overview

Marcus & Millichap is pleased to bring to market the brand new construction Dollar General Market located in Aurora, NE.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

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