1330 Jersey St - Hospitals FOR SALE


Papillion, NE 68046- Papillion La Vista
$13,153,000 USD
1330 Jersey St, Papillion, NE for Sale
$13,153,000 USD
Hospitals - FOR SALE
1/4
null | 6.25% Cap Rate

1330 Jersey St
Papillion, NE 68046
Papillion La Vista


HIGHLIGHTS

  • 100% LEASED to the U.S. FEDERAL GOVERNMENT- Lease guaranteed by the full faith and credit of the United States of America
  • NEW 20-YEAR LEASE TERM- First-generation lease with U.S. Department of Veterans Affairs commenced in May 2024 for a new 20-year term
  • 2024 BUILD-TO-SUIT CONSTRUCTION- New construction, designed and built-to-suit for VA with completion in 2024
  • $7.5 MILLION in TENANT-FUNDED IMPROVEMENTS ($300/SQ FT)- Tenant-funded improvements evidence of significant investment in this location by VA
  • VA CLINIC EXPANSION & RELOCATION- Expanded and relocated services for local Veterans, nearly three times the size of prior clinic in Bellevue, NE
  • ESSENTIAL VA HEALTHCARE SERVICES- Healthcare services provided are essential functions which remained uninterrupted during Covid pandemic

FOR SALE DETAILS

PRICE

$13,153,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VA Outpatient Clinic

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

3.11 AC

LAND SF

135,472 SF

ZONING

-

APN/PARCEL ID

011266724

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