Monday, February 7, 2011

CLOUD NET LISTING REMAX COMM MIDWEST, OMAHA, NE & TEXAS AMERICAN NET LEASE IN DFW, TX 8.49% FAMILY $ cap Omaha CBSA http://wp.me/p1gvH4-3qTX


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Retail Property For Sale


CLOUD 8.49% NET LISTING W/REMAX COMMERCIAL MIDWEST
1654 North 4th Street, David City, NE 68632
1654 North 4th Street, David City, NE 68632

1654 North 4th Street, David City, NE 68632

Price:$630,000
Building Size:8,000 SF
Price/SF:$78.75
Property Type:Retail
Property Sub-type:Free Standing Bldg
Property Use Type:Net Lease Investment with 5 years left on lease
Commission Split:2%
Cap Rate:8.49%
Occupancy:100%
No. Stories:1
Tenancy:Single
Year Built:2006
Lot Size:51,400 SF
Tax ID / APN #:120008581
Last Verified 2/7/2011
Listing ID 17011908






Map of 1654 North 4th Street, David City, NE 68632 (Butler County)


Find out more about 1654 North 4th Street, David City





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
8.49% cap with 6 years remaining on initial lease with six 5-year automatic renewals with 10% increases
8,000 SF Building built for Family Dollar in 2006 in excellent condition 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
County demographics and econometrics are an outstanding match with Family Dollar standards







Description
CLOUD NET 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 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 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 for 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.






Financial Summary
  Actual
Net Operating Income $53,487




Major Tenant Information
Tenant SF Occupied Lease Expired
Family Dollar 8,000  12/1/2015 



Additional Photos

2-satellite close-up

2-satellite close-up


4-unmet local retail gap

4-unmet local retail gap


5-retail gap vs avg Fam $ revs

5-retail gap vs avg Fam $ revs


7-Family $ under $20K inc demo match

7-Family $ under $20K inc demo match


6-Fam $ over 45 demo match

6-Fam $ over 45 demo match


8-Family $ under $40K inc demo match

8-Family $ under $40K inc demo match


9-neighborhood satellite

9-neighborhood satellite


10-half, one & one & one-half mi radius satellite

10-half, one & one & one-half mi radius satellite


11-City satellite

11-City satellite


12-20, 40 & 60-minute drive-time studies

12-20, 40 & 60-minute drive-time studies


14-30 and 60-mi radius map

14-30 and 60-mi radius map


15-QR code

15-QR code


3-CAP and rent table

3-CAP and rent table




Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


 
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