1110 8Th StChadron, NE 69337

For Sale
$2,111,111

High-Yield Dollar Tree Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • New 2024 Dollar Tree built-to-suit, 10,000 SF storefront.
  • Five 5-year lease renewal options with $5,000 annual rent increases ($0.50 PSF).
  • Strong co-tenancy including McDonald's, Safeway, USPS, Walmart, and Exxon.
  • Features a concrete parking lot.
  • 5-mile population exceeds 14,094; 10-mile population exceeds 75,484.
  • Corporately guaranteed lease with a 10-year initial term and a 7.65% cap rate, generating $161,500 NOI.

Property Details for 1110 8Th St

Property type
Other specialty properties, Other retail properties
Square Feet
10,000 SF
Year Built
2024
Buildings
1
Stories
1

Location Insight

City
Chadron
County
Dawes
State
Nebraska
Latitude
42.8236053
Longitude
-103.0152575
1110 8Th St, Chadron, Nebraska
Leaflet | © OpenStreetMap contributors

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1110 8Th St
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