3949 N 132nd St - Freestanding FOR SALE


$950,000 USD
310-766-5205
3949 N 132nd St, Omaha, NE for Sale
$950,000 USD
Freestanding - FOR SALE
1/17
null | 7.4% Cap Rate


HIGHLIGHTS

  • 5-Year NNN Lease with 3.00% Annual Increases
  • Outparcel to Cross Country Shopping Center Anchored by Super Target - Anchored by Super Target
  • Sub $1M Price Point with Strong Cash Flow
  • Over 1 Million Residents in Omaha Metro - 212,600+ Residents within a 5-Mile Radius
  • 48,200+ Vehicles per Day at Nearby Intersection of N 132nd St and W Maple Rd

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer for sale a single-tenant convenience store leased to T&A Express, LLC located in Omaha, NE. T&A Express, LLC is a regional operator with three locations throughout the greater Omaha area. The business operates as a combination convenience store and New York-style deli. The front section of the store offers typical convenience items, while the kitchen is used to prepare a wide variety of hot and cold food items made fresh to order. T&A Express, LLC has signed a 5-Year NNN lease with 3% annual rent increases. The property is located at 3949 N 132nd Street in Omaha, NE and benefits from being an outparcel to the Cross County Shopping Center anchored by a Super Target. The 3,431 SF building is situated on a 1.07 acre lot and is equipped with a drive-thru. The building previously operated as a KFC/Long John Silver’s fast-food restaurant. Neighboring retail tenants within the same shopping center include Walgreens, Dairy Queen, Raising Cane’s, McDonald’s, Valvoline Oil Change and Casey’s Gas Station. In 2024, the previous tenant vacated and the space was re-tenanted by T&A Express, LLC. The prior lessee replaced the HVAC system, repaired the roof, and painted the building. T&A Express is a bite-sized investment opportunity to own a quality piece of real estate at a sub-one-million-dollar price point. The in-place rent of $70,000 annually is very conservative. Should the tenant not renew in the future, there is strong re-leasing potential for the building.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

T&A Express Convenience Store and Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

CC

APN/PARCEL ID

0913442014

ASK ABOUT THIS PROPERTY

Adam FriedlanderColliersMore Info
310-766-5205

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Adam FriedlanderColliersMore Info
310-766-5205

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