$12,929,104 USD
513-300-0763
909 S 72nd St
Omaha, NE 68114
Elmwood Park
HIGHLIGHTS
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- High Level of Commitment by Tenant | Kohl's Invested $300,000 Into a Remodel That Completed in June 2022
- Strong Location Fundamentals | 72nd Street Sees Over 22,000 Vehicles Per Day
- Robust Local Population Growth | 21% Increase in 5 Mile Radius Since 2010
- Multiple Options Exercised | Tenant Has Already Exercised the First 2 of 10, 5-Year Options Without Lease Modifications
- High Relative Foot Traffic Among Kohl's Locations | 80th Most Trafficked Location out of 1,150 Nationally (placer.ai)
OVERVIEW
SAB Capital is pleased to present a single-tenant Kohl's in Omaha, NE, the most populous city in the state. The tenant is subject to an absolute triple net (NNN) lease structure and recently invested $300,000 into a remodel of the store. The location has strong fundamentals with a 21% increase in the 5-mile population since 2010, and currently over 366,000 residents in that radius.
FOR SALE DETAILS
PRICE
$12,929,104 USD
PRICE/SF
$160 USD /SF
CAP RATE
6.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
ADD'L SUBTYPES
Storefront, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
350
LAND DETAILS
LAND ACRES
8.3 AC
LAND SF
361,548 SF
ZONING
GC
APN/PARCEL ID
4419-0467-06
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513-300-0763
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513-300-0763
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