This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1140 Nemaha St

9,100 SF Retail Building Humboldt, NE 68376 $1,033,440 ($114/SF) 7.50% Cap Rate

Investment Highlights

  • 2.5% Broker Co-Op
  • 10% Increases in Renewal Period
  • Rent Increase on 5/1/2028
  • Absolute NNN Lease

Executive Summary

Absolute NNN Lease with +/- 9 Years remaining on Lease. This property can be purchased in a Five Property Dollar General Portfolio that consists of other locations in Madison, KS (+/- 9 Years remaining on Lease), Peabody, KS (8+ Years remaining on Lease).

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Year Built
2018
Price
$1,033,440
Price Per SF
$114
Cap Rate
7.50%
NOI
$77,508
Tenancy
Single
Building Height
1 Story
Frontage
81 FT on Nemaha St

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 9,100 SF
  • -
  • Triple Net
  • Apr 2033

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 9,100 SF - Triple Net Apr 2033

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74-0084941
Land Assessment
$5,880
Improvements Assessment
$47,088
Total Assessment
$52,968
  • Listing ID: 32393249

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 1140 Nemaha St, Humboldt, NE 68376

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}