1412 E Overland - Freestanding FOR SALE


Scottsbluff, NE 69361
$685,000 USD
303-328-2050
1412 E Overland, Scottsbluff, NE for Sale
$685,000 USD
Freestanding - FOR SALE
1/3
null | 10% Cap Rate

1412 E Overland
Scottsbluff, NE 69361


OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a corporately guaranteed Family Dollar located at 1412 East Overland Drive in Scottsbluff, Nebraska. The ±9,100-square-foot freestanding building, situated on a ±0.75-acre parcel, was built in 2006 and features strong visibility and access along East Overland Drive, a primary retail corridor with convenient regional connectivity to U.S. Highway 26.The property operates under a corporate NN lease with Family Dollar Stores, Inc., a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR). The lease runs through January 2027 and provides annual net operating income of $68,500, representing an attractive 10% cap rate at the asking price of $685,000. Landlord obligations are limited to roof, structure, and parking lot maintenance. Five (5) five-year renewal options remain in place, supporting potential long-term tenant retention. The site is strategically located within Scottsbluff’s main retail trade area, anchored by Walmart Supercenter, Safeway, Walgreens, Harbor Freight, and other national brands. It also draws consistent daily traffic from nearby residential neighborhoods, employment centers, and medical facilities. Recent developments—such as Family Dollar’s 2025 partnership with Uber Eats for same-day delivery and the $1.5 billion acquisition by Whitehawk Capital Partners—underscore the brand’s evolving strategy and stability in the discount retail sector. With a low entry price, strong cap rate, corporate guarantee, and high-visibility location, this investment offers secure income and attractive residual value in a regional hub market.

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | High-Visibility

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

03

APN/PARCEL ID

010270086

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.