205 US Hwy 6
Sutton, NE
Price:
$1259000
Cap Rate:
6.75%
NOI:
$84,929
Building Size:
Approx. 9100 Sq. Ft.
Lot Size:
Approx. 1.3 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2014
Investment Overview
- 2014 Construction | 9,100+/- SF Building on 1.30+/- Acre Site
- 15-Year Corporate Absolute NNN Lease began September 2014
- Located along South French Ave “Hwy 6”, due west of Hwy 81 (5,000 Cars / Day)
- Near Subway, Napa Auto Parts, Todd’s Feed Supply, Friesen Chevrolet, & Cornerstone Bank
- Close Proximity: Sutton High School, Sutton Elementary School, Sutton Hotel, & Fox Hollow Motel
- Major Employers: Mary Lanning Memorial Hospital (800 Empl.), Armour Eckrich Inc (550 Empl.), United Co-Op (350 Empl.)
- Nebraska has the lowest unemployment rate in US (2.06%) – Nebraska Dep. Of Labor | 3-Mile Avg. HH Income: $67,994
- Sutton is located 1-Hour E of Lincoln (State Capital) | 2-Hours NE of Omaha – home to “Fab Five” Fortune 500 Companies