Dollar General Ogallala, NE

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

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