1920 Glenn St
Norfolk, NE 68701
Value-Add Industrial/Commercial - $50PSF · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 1920 Glenn Street is a 50,000-square-foot facility leased to Red 10 RV at below-market rates for flexible value-add or repositioning potential.
- Situated on a highly visible 2.3-acre parcel at a signalized intersection with traffic counts of over 15,000 vehicles per day.
- Average household income of $71,003 contributes to over $326 million in annual consumer spending within a 5-mile radius.
- Offered below replacement cost at $50 per square foot with an NOI of $95,920 and recent renovations and construction completed in 2013 and 2010.
- Positioned in a multi-faceted area as part of the city’s main industrial park and minutes from prominent retail hubs like Sunset Plaza Mall.
- View the offering memorandum below and get in touch today to learn more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
50,000 SF
Building Class
C
Year Built/Renovated
2010/2013
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.50
Lot Size
2.30 AC
Zoning
Commercial/Industrial
Parking
30 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $928,454 | |
| Land Assessment | $100,188 | Total Assessment | $1,028,642 |
