HIGHLIGHTS
- Single-Tenant Hobby Lobby; Recent Lease Extension with Strong Historical Occupancy
- 21-Year Operating History at This Location
- 8% Cash-on-Cash Return Available with Seller Financing: Opportunity to take advantage of 6% interest-only seller financing
- Prime Location with High Traffic Volume: The property is strategically located along Millard Avenue (29,300 CPD)
- Extremely Strong Economic and Market Fundamentals: Omaha is ranked 8th among the country’s 50 largest cities for per-capita billionaires
- Growing Population and Affluent Demographics: Average household income of $115,385 in a 5-mile radius of the property
FOR SALE DETAILS
PRICE
$6,200,000 USD
PRICE/SF
$97 USD /SF
CAP RATE
6.78%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hobby Lobby | Omaha, NE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.11 AC
LAND SF
309,712 SF
ZONING
CC
APN/PARCEL ID
0725515106
ASK ABOUT THIS PROPERTY
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844-585-7677
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844-585-7677
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