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CLOUD 8.49% CAP 3N LISTING WITH RE/MAX COMMERCIAL MIDWEST IN OMAHA, NEBRASKA
1654 North 4th Street David City, NE 68632-2204
Listing Type: Retail Commercial
Sale or Lease: Sale
Size: 8,000 SF
Price: $630,000
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1654 North 4th Street David City, NE 68632-2204 - Presented by Coldwell Banker Commercial Southwest Partners
Property Details
Listing Type: Retail Commercial
Sale or Lease: Sale
Size: 8,000 SF
Price: $630,000
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Property Description

CLOUD 3N LISTING WITH RE/MAX COMMERCIAL MIDWEST IN OMAHA, NEBRASKA AND TEXAS AMERICAN NET LEASE IN FLOWER MOUND (DFW AREA), TEXAS for a Family Dollar Store 3N leased property with a 8.49% cap in David City, Nebraska (Omaha CBSA). We are honored to announce our 1st three party CLOUD LISTING further confirming our collaborative model. Our 2nd three party CLOUD LISTING is in Illinois with Coldwell Banker Commercial NRT in CHICAGO, ILLINOIS and TEXAS AMERICAN NET LEASE IN FLOWER MOUND (DFW AREA). Our 3rd three party CLOUD LISTING is in Florida with GEORGE LAMBROS, III on a $6.9M equestrian dressage ranch. The initial lease term runs through December 2016, with 5 automatic 5-year renewals subject to termination provisions available to Family Dollar. The lease includes a lease bonus based on defined annual revenue performance of the store. Building built for Family Dollar in 2006 in excellent condition on a high visibility location in the City Limits with all City utilities. Over $5.5M in unmet local retail demand in the County in the two primary NAICS codes for Family Dollar, NAICS 452 General Merchandise Stores and NAICS 453 Miscellaneous Store Retailers. Local market demographics and econometrics are All LOCAL Benchmarks analyzed by Coldwell Banker Commercial Southwest Partners are more favorable to Family Dollar Stores econometrics and demographics (higher % of population) than all MACRO Benchmarks.* *Benchmarks. LOCAL Benchmarks include David City, 20-minute drive-time, Zip Code and Butler County. MACRO Benchmarks include the City of Omaha, Omaha CBSA, Omaha DMA, Nebraska and the US.

Highlights

  • CLOUD LEASE LISTING WITH RE/MAX COMMERCIAL MIDWEST IN OMAHA, NE & TEXAS AMERICAN NET LEASE IN DFW, TX
  • This is our 1st three party CLOUD LISTING further confirming our collaborative model with the next two pending
  • 8.45% cap with 6 years remaining on initial lease with five 5-year automatic renewals with 10% increases
  • Over $5.5M in unmet local retail demand in the County in the two primary NAICS codes for Family Dollar
  • County demographics and econometrics are an outstanding match with Family Dollar standards
  • 8,000 SF Building built for Family Dollar in 2006 in excellent condition in the City Limits with all City utilities

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Overview

Lot Size: 51,400
Tax ID Number: 120008581

Finance

Cap Rate: 8

Features

Zoning: Retail Commercial

Contact Us

Coldwell Banker Commercial Southwest Partners
Office Photo
Coldwell Banker Commercial
Southwest Partners 850 FM 390 RD E
Brenham, TX 77833
Area Facts

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