Discount
Dollar General
84062 NE-121, Battle Creek, NE 68715
Listing Price: $1,068,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.8
Gross SF
7,489
Guarantor
Corporate Guarantee
Rentable SF
7,489
Price/Gross SF
$142.61
Lease Type
Absolute Net
Rent Per Square Feet
$9.98
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Dollar General in Battle Creek, NE
Dollar General
Investment Highlights
- 7.75+ years remaining on an absolute triple-net lease with 5 x 5-year options to extend. The lease features zero landlord responsibilities.
- Corporately guaranteed Lease by the dominant discount store operator, Dollar General. Dollar General operates over 20,000 locations, ranks #111 on the 2024 Fortune 500, and has an investment grade S&P
- In 2023, Dollar General opened 987 new stores, remodeled 2,007, and relocated 129.
- The company plans 2,385 real estate projects for 2024, including 800 new stores, 1,500 remodels, and 85 relocations, anticipating 6% to 6.7% net sales growth by the end of the fiscal year.
- The subject property is Battle Creek's primary general merchandise / grocery store. Dollar General has no competition from other national grocery chains in Battle Creek.
Broker of Record
Listing Price: $1,068,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
7.8
Gross SF
7,489
Guarantor
Corporate Guarantee
Rentable SF
7,489
Price/Gross SF
$142.61
Lease Type
Absolute Net
Rent Per Square Feet
$9.98
Investment Highlights
- 7.75+ years remaining on an absolute triple-net lease with 5 x 5-year options to extend. The lease features zero landlord responsibilities.
- Corporately guaranteed Lease by the dominant discount store operator, Dollar General. Dollar General operates over 20,000 locations, ranks #111 on the 2024 Fortune 500, and has an investment grade S&P
- In 2023, Dollar General opened 987 new stores, remodeled 2,007, and relocated 129.
- The company plans 2,385 real estate projects for 2024, including 800 new stores, 1,500 remodels, and 85 relocations, anticipating 6% to 6.7% net sales growth by the end of the fiscal year.
- The subject property is Battle Creek's primary general merchandise / grocery store. Dollar General has no competition from other national grocery chains in Battle Creek.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Dollar General in Battle Creek, NE
Broker of Record
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