Dollar General
1418 1st St
Friend, NE 68359
Highlights
- EXCLUSIVE MARKET PRESENCE: The only dollar store in town with no direct competition.
- INVESTMENT-GRADE TENANT: Dollar General has an S&P credit rating of BBB, ensuring financial stability.
- STRONG PERFORMANCE: Dollar General operates over 19,000 stores across 47 states and reports $38 billion in annual revenue with a net worth of $8.2 billion.
- HIGH LOCAL HOUSEHOLD INCOME The 1-mile average household income is $75,402, supporting the retail base.
- Proximity to Healthcare: Less than half a mile from Warren Memorial Hospital, a critical 19-bed access hospital serving the area.
- HIGHWAY 6 VISIBILITY: Conveniently located on Highway 6, surrounded by local businesses, including Green Top Café, Orv’s Grocery, Sidewaze Sports Bar & Grill, and more.
- COMMUNITY AMENITIES NEARBY: Close to the Friend Country Club, home to one of Nebraska’s top-rated 9-hole golf courses, as well as schools, banks, and retail services.
Description
*** PART OF FOUR-UNIT PORTFOLIO ***
This Dollar General property in Friend, Nebraska, features an NNN lease with no landlord responsibilities, offering a hassle-free investment opportunity. As the only dollar store in town, it enjoys a monopoly in the market with no direct competition. Backed by an investment-grade tenant (S&P BBB), Dollar General operates over 19,000 stores nationwide and reports $38 billion in annual revenue. Located on Highway 6, the property is less than half a mile from Warren Memorial Hospital and surrounded by local businesses, including Green Top Café and Orv’s Grocery. With a 1-mile average household income of $75,402 and proximity to the Friend Country Club, this asset benefits from strong local support and community amenities.
About Friend, Nebraska
Friend is a charming community located 46 miles southwest of Lincoln and 95 miles southwest of Omaha, Nebraska. Situated on Route 6 and just 12 miles south of Interstate 80, the city is home to approximately 1,100 residents and serves as a hub for farming, livestock, retail, and manufacturing in Saline County.
This Dollar General property is conveniently located on 1st Street, near prominent landmarks such as the Green Top Café and the 19-bed Warren Memorial Hospital—the only healthcare facility within 20 miles. Other nearby amenities include the Friend Country Club, rated as one of the top 9-hole golf courses in Nebraska, Friend Elementary School, and popular local spots like the Warren Opera House and Daisy Queen.
Friend also offers a variety of retail and service businesses, including Car Quest Auto Parts, First Bank of Utica, Sidewaze Sports Bar & Grill, Orv’s Grocery, and Johnson Pharmacy & Hardware. Residents enjoy a municipal pool, long-term care facilities, a K-12 school, and a number of fine murals that add charm to the cityscape.
Founded in 1870 by Charles E. Friend, the city’s history is deeply intertwined with the expansion of the Burlington and Missouri River Railroad. Named a "Tree City, U.S.A." in 1983, Friend continues to foster community growth and improvement, blending its rich heritage with a vibrant, small-town lifestyle.
