Walgreens | 13510 Q St
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Walgreens 13510 Q St
14,550 SF Retail Building Omaha, NE 68137 $5,235,427 ($360/SF) 7.85% Cap Rate
Investment Highlights
- Absolute NNN Lease
- Located along a Major Commercial Thoroughfare - 24,928 VPD
- Strong Demographics - 205,637 Residents & $110,854 Avg HH Income within a 5-Mile Radius
- Zero Landlord Obligations
- Excellent Ingress & Egress Points
- Neighboring Retailers include Dairy Queen, AutoZone Auto Parts, McDonald's, Taco Bell, Dollar Tree, O'Reilly Auto Parts, Crunch Fitness & many more
Executive Summary
The Kase Group is pleased to present the opportunity to purchase a well
established Walgreens location in Omaha, Nebraska. The lease calls for zero
landlord obligations and corporately guaranteed by Walgreens. Beyond the
initial term, tenant has fifty (50) years of options with 12 month cancellation
rights. The site is well positioned along a major commercial thoroughfare
with exposure to 24,928 vehicles per day on the corner of Q Street & 136th St.
The asset benefits from dense demographics in the area, 205,638 residents
with a $110,854 average household income within a 5-mile radius. The
property is nearby Millard South High School (2,602 Students) and neighbors
national retailers including Dairy Queen, AutoZone Auto Parts, McDonald's,
Taco Bell, Dollar Tree, O'Reilly Auto Parts, Crunch Fitness & many more.
established Walgreens location in Omaha, Nebraska. The lease calls for zero
landlord obligations and corporately guaranteed by Walgreens. Beyond the
initial term, tenant has fifty (50) years of options with 12 month cancellation
rights. The site is well positioned along a major commercial thoroughfare
with exposure to 24,928 vehicles per day on the corner of Q Street & 136th St.
The asset benefits from dense demographics in the area, 205,638 residents
with a $110,854 average household income within a 5-mile radius. The
property is nearby Millard South High School (2,602 Students) and neighbors
national retailers including Dairy Queen, AutoZone Auto Parts, McDonald's,
Taco Bell, Dollar Tree, O'Reilly Auto Parts, Crunch Fitness & many more.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2009
Price
$5,235,427
Price Per SF
$360
Cap Rate
7.85%
NOI
$410,981
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.73 AC
Zoning
NBD-PUD
Parking
56 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2353-0190-10 | Improvements Assessment | $2,185,700 |
| Land Assessment | $656,300 | Total Assessment | $2,842,000 |
PROPERTY TAXES
Parcel Number
2353-0190-10
Land Assessment
$656,300
Improvements Assessment
$2,185,700
Total Assessment
$2,842,000
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Walgreens | 13510 Q St
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