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Dollar General | New 10-Year Lease Extension 1093 E 4th St 15,000 SF Retail Building Ainsworth, NE 69210 $1,154,425 CAD ($76.96 CAD/SF) 7.15% Cap Rate



Investment Highlights
- Recent 10-Year Lease Extension Proves their Success and Shows Dollar General’s Long-Term Commitment to the Location
- 10% Rent Increases Every 5-Yrs Throughout Initial Term & Options
- Transferable Roof Warranty in Place Until 2033
- Dollar General Has Occupied This Location Since 2000
- Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit - S&P Rated BBB)
- Great Visibility & Access right off E 4th St (The Major East/West Thoroughfare Connecting Ainsworth with Omaha)
Executive Summary
The subject property is a freestanding Dollar General located in Ainsworth, NE. Dollar General has operated at this location since 2000 and they recently signed a new 10-year lease with 10% increases every 5-years in the primary term and in the (3) five-year option periods, demonstrating their success and long-term commitment to the location. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's.
This location benefits from its excellent visibility and frontage on E 4th Street, a major thoroughfare through Ainsworth which boasts over 6,000 vehicles per day. E 4th Street is the area’s main traffic artery connecting Ainsworth with Omaha. Additionally, this Dollar General has zero competition as the closest Family Dollar is over 45 miles away (Valentine, NE) and the closest Dollar General is over 16 miles away in (Bassett, NE). This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment opportunity.
This location benefits from its excellent visibility and frontage on E 4th Street, a major thoroughfare through Ainsworth which boasts over 6,000 vehicles per day. E 4th Street is the area’s main traffic artery connecting Ainsworth with Omaha. Additionally, this Dollar General has zero competition as the closest Family Dollar is over 45 miles away (Valentine, NE) and the closest Dollar General is over 16 miles away in (Bassett, NE). This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1970/2023
Price
$1,154,425 CAD
Price Per SF
$76.96 CAD
Cap Rate
7.15%
NOI
$82,518 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.84 AC
Zoning
03-COMMERC
Frontage
153’ on 4th St
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 090010981 | Improvements Assessment | $325,608 CAD |
| Land Assessment | $77,783 CAD | Total Assessment | $403,390 CAD |
Property Taxes
Parcel Number
090010981
Land Assessment
$77,783 CAD
Improvements Assessment
$325,608 CAD
Total Assessment
$403,390 CAD
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Dollar General | New 10-Year Lease Extension | 1093 E 4th St
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