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DG Market 49138 Highway 20
12,687 SF Retail Building Oneill, NE 68763 £1,685,304 (£133/SF) 7% Net Initial Yield
Investment Highlights
- 49138 Highway 20 in Oneil, Nebraska, was built in 2024 and spans 12,687 square feet, offered for $2,214,933 at a 6.75% cap rate.
- Opportunity to recapture 110% of the investment in the primary term (15 years) with 5% rental increases every five years and four five-year options.
- Area boasts strong incomes, with an average annual household income of $74K, contributing to $64M in yearly consumer spending within a 5-mile radius.
- Leased to Dollar General for its new DG Market concept, an elevated version of its original store only built at specially chosen high-volume sites.
- Passive investment opportunity as the Dollar General Corporate Guaranty assures zero landlord expenses on an absolute net lease.
- 1031 Exchange Compatible.
Executive Summary
This is an exciting opportunity to purchase Dollar General's hottest concept, in a proven market. This latest generation store, is Dollar
Generals coveted DG Market - featuring expanded produce, refrigerated and frozen food offering, dairy products and an assortment of fresh
meats. It truly is a one stop, shop. DG Markets are understood to be built when and where Dollar General believes there is an opportunity to
capture extra high sales volumes, with their extended offerings. Less than 10% of all DGs are deemed worthy for the DG Market concept.
There is an older Dollar General store on the east end of town, which is already the #1 dollar store for over 50+ miles. In our opinion,
this new DG market will thrive in this location and not only capture pent up demand, but expand upon the existing customer base with it
additional amenities, quickly becoming the preferred DG destination for many, many miles.
Savvy investors are keen to acquire this newest generation of Lease, as it allows an investor to recapture 110% of their investment in the
primary term, a rare occurrence in ANY net lease investment. Highlighted by a 15 year absolute net lease, with 4 x 5 year options, after
the initial term. Featuring zero landlord responsibilities, 5% rent bumps DURING the primary term and each option, a full Dollar General
Corporate Guaranty, and a BBB “investment grade” credit rating, it is ideal for the investor looking a passive, no hassle investment and a
perfect 1031 exchange property.
This brand new store is open and paying rent. DG is widely regarded as America’s top dollar store concept, posting 33 successive quarters of growth.
Nebraska Broker of Record - Scott Johnson.
Property Facts
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Apr 2039
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with easy-to-shop stores in many states. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Apr 2039 |
DEMOGRAPHICS
Demographics
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £150,281 | |
| Land Assessment | £20,538 | Total Assessment | £170,819 |
PROPERTY TAXES
-
Arthur T. Griffith -
RX Syndicate
Presented by
DG Market | 49138 Highway 20
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