7826-7828 S 123rd Plz
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7826-7828 S 123rd Plz
8,000 SF 83% Leased Retail Building La Vista, NE 68128 $1,900,000 ($238/SF) 6.12% Cap Rate
Investment Highlights
- High visibility to 33,850 VPD
- Over 5,000 employees within the trade area
- Located within a 237 AC mixed-use development area
- Across from Cabela’s, Costco, Embassy Suites, Courtyard by Marriott, and La Vista Conference Center
Executive Summary
• Immediate Value-Add Opportunity - One remaining vacancy, allowing investors to
immediately grow NOI upon lease-up
• Below Market Rents - $19.70 average rent PSF
• I-80 Exposure - 110,000 vehicles per day
• Strong, Growing Trade Area - Nearby demand drives including Costco, Cabela’s,
Embassy Suites, Hampton Inn, Courtyard by Marriot, Alamo Drafthouse Cinema, Kiewit
Corporation, and Securities America.
• Demand Drivers: CHI Health MultiSport Complex, a 12-field sports complex with a
projected annual economic impact of $9.9 million and 32,000 overnight visitors + 39,200
local visitors.
immediately grow NOI upon lease-up
• Below Market Rents - $19.70 average rent PSF
• I-80 Exposure - 110,000 vehicles per day
• Strong, Growing Trade Area - Nearby demand drives including Costco, Cabela’s,
Embassy Suites, Hampton Inn, Courtyard by Marriot, Alamo Drafthouse Cinema, Kiewit
Corporation, and Securities America.
• Demand Drivers: CHI Health MultiSport Complex, a 12-field sports complex with a
projected annual economic impact of $9.9 million and 32,000 overnight visitors + 39,200
local visitors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2007
Price
$1,900,000
Price Per SF
$238
Cap Rate
6.12%
NOI
$116,331
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Land Acres
1.88 AC
Zoning
C-3
Parking
89 Spaces (11.13 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1,333 SF of retail space located next to Bamboo Nail Salon.
Space | Size | Space Use | Position | Available |
C | 1,333 SF | Retail | In-Line | Now |
C
Size |
1,333 SF |
Space Use |
Retail |
Position |
In-Line |
Available |
Now |
C
Size | 1,333 SF |
Space Use | Retail |
Position | In-Line |
Available | Now |
1,333 SF of retail space located next to Bamboo Nail Salon.
PROPERTY TAXES
Parcel Number | 011587790 | Improvements Assessment | $2,766,647 |
Land Assessment | $1,230,000 | Total Assessment | $3,996,647 |
PROPERTY TAXES
Parcel Number
011587790
Land Assessment
$1,230,000
Improvements Assessment
$2,766,647
Total Assessment
$3,996,647
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7826-7828 S 123rd Plz
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