311 East 1st Street
Ogallala, NE
Price:
$1342000
Cap Rate:
6.75%
NOI:
$90,593
Building Size:
Approx. 9026 Sq. Ft.
Lot Size:
Approx. 1.2 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2014
Investment Overview
- 2014 Construction | 9,026+/- SF Building on 1.20+/- Acre Site
- 15-Year Corporate Absolute NNN Lease began October 2014
- Located along East 1st Street “US-30” (8,127 Cars / Day), just N of I-80 (14,000 Cars / Day)
- Near Walmart, Wendy’s, Dairy Queen, KFC, Subway, Denny’s, Arby’s, Napa, True Value, & Taco Bell
- Major Employers: Union Pacific Rail (2,510 Empl.), American Shizuki Corp (249 Empl), Nebraska Public Power Distr. (207 Empl.)
- Point Interests: Lake McConaughy (860,000+ Visitors/Year) | Bayside Golf & Country Estates (18-Hole Golf Course)
- 2-Hours W of University of Nebraska (25,000 Enroll.) | 3-Hours NE of Colorado State University (25,496 Enroll.)
- 5-Miles Radius: Est 475 Businesses with Est 3,431 Employees | 3-Mile Average Household Income: $52,223
- Ogallala is located 3-Hours SW of Denver, CO | 4-Hours W of Lincoln (State Capital) – National Historic Landmark