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Dollar Tree & Family Dollar Portfolio | Recent Extensions | Iowa & Nebraska

2930 Sprague St, Omaha, NE 68111

Listing Price: $770,000

Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
4.3
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$77.00
Lease Type
Double Net
Rent Per Square Feet
$5.76

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale, Dollar Tree & Family Dollar Portfolio with properties located in Iowa and Nebraska. This Family Dollar is located in Omaha, Nebraska and is comprised of 10,000 square feet. There was a recent five-year extension to the lease in 2020 which runs through 2025 showing commitment to the site. This location is currently undergoing a renovation and remodel. Family Dollar is being offered for $770,000.

Investment Highlights

  • 10,000-Square-Foot Family Dollar in Omaha, Nebraska (MSA Population Over 1.3 Million)
  • Recent Five-Year Extension in 2020 | Lease Runs Through 2025 | Success and Commitment to Site
  • Huge Store Sales | Over $2 Million = Over $200 per Square Foot | 35 Percent Higher than Average Sales per Square Foot
  • Exceptional Rent to Sales Ratio of 2.84 Percent | Tremendously Profitable Location
  • Extremely Cheap Rent of $6.55 per Square Foot | Well Below Market | Minimal Risk of Retrade or Relocation
  • Minimal Landlord Responsibilities | Limited to Roof and Structure | Concrete Parking Lot and Metal Roof
  • Currently Undergoing a Renovation and Remodel
  • Huge Population Counts | 12,886 Within One-Mile | 106,200 Within Three-Miles | 221,518 Within Five-Miles | Modest Average Household Income $63,176

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Discount

Dollar Tree & Family Dollar Portfolio | Recent Extensions | Iowa & Nebraska

Listing Price: $770,000

Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
4.3
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$77.00
Lease Type
Double Net
Rent Per Square Feet
$5.76

Investment Highlights

  • 10,000-Square-Foot Family Dollar in Omaha, Nebraska (MSA Population Over 1.3 Million)
  • Recent Five-Year Extension in 2020 | Lease Runs Through 2025 | Success and Commitment to Site
  • Huge Store Sales | Over $2 Million = Over $200 per Square Foot | 35 Percent Higher than Average Sales per Square Foot
  • Exceptional Rent to Sales Ratio of 2.84 Percent | Tremendously Profitable Location
  • Extremely Cheap Rent of $6.55 per Square Foot | Well Below Market | Minimal Risk of Retrade or Relocation
  • Minimal Landlord Responsibilities | Limited to Roof and Structure | Concrete Parking Lot and Metal Roof
  • Currently Undergoing a Renovation and Remodel
  • Huge Population Counts | 12,886 Within One-Mile | 106,200 Within Three-Miles | 221,518 Within Five-Miles | Modest Average Household Income $63,176

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale, Dollar Tree & Family Dollar Portfolio with properties located in Iowa and Nebraska. This Family Dollar is located in Omaha, Nebraska and is comprised of 10,000 square feet. There was a recent five-year extension to the lease in 2020 which runs through 2025 showing commitment to the site. This location is currently undergoing a renovation and remodel. Family Dollar is being offered for $770,000.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

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