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.