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Shopping Strip

774 Olson Drive

774 Olson Dr, Papillion, NE 68046

Listing Price: $2,500,000

Cap Rate
5.70%
Gross SF
9,237
Rentable SF
9,237
Price/Gross SF
$270.65
Lot Size
0.82 acres
Year Built
2015

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of 774 Olson Dr, Papillion, NE 68046 (The Property), a 9,237-square foot building that is partially leased by Berkshire Hathaway Home Services
with approximately 7 years of lease term remaining. Berkshire occupies approximately 76% of the building, leaving 2,244 SF for another tenant or an owner/user. The property is being offered for either lease or sale. The property is located in Papillon, an affluent suburb of Omaha, Nebraska, and was built in 2015 with a drivethrough and pylon signage facing the highway.

The Property is located just off Highway 370 between 72nd and 84th street. Both intersections see approximately 43,000 vehicles per day and register as one of Omaha’s busiest thoroughfares. The parcel is
immediately adjacent to the main entrance to Shadow Lake Towne Center, a prime shopping and dining destination that serves greater Omaha. The open-air regional shopping center has more than 70
merchants including Hy-Vee, Best Buy, Bed Bath & Beyond, TJ Maxx, Victoria’s Secret, Dick’s Sporting Goods, JC Penny and Carhartt.

Investment Highlights

  • Available for Lease or Sale, with 2,244 SF (w/Drive-Thru) Available
  • Frontage and Pylon Signage on High Traffic Count Highway
  • $2,500,000 Sales Price or $28/SF NNN Lease Rate

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Shopping Strip

774 Olson Drive

Listing Price: $2,500,000

Cap Rate
5.70%
Gross SF
9,237
Rentable SF
9,237
Price/Gross SF
$270.65
Lot Size
0.82 acres
Year Built
2015

Investment Highlights

  • Available for Lease or Sale, with 2,244 SF (w/Drive-Thru) Available
  • Frontage and Pylon Signage on High Traffic Count Highway
  • $2,500,000 Sales Price or $28/SF NNN Lease Rate

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of 774 Olson Dr, Papillion, NE 68046 (The Property), a 9,237-square foot building that is partially leased by Berkshire Hathaway Home Services with approximately 7 years of lease term remaining. Berkshire occupies approximately 76% of the building, leaving 2,244 SF for another tenant or an owner/user. The property is being offered for either lease or sale. The property is located in Papillon, an affluent suburb of Omaha, Nebraska, and was built in 2015 with a drivethrough and pylon signage facing the highway. The Property is located just off Highway 370 between 72nd and 84th street. Both intersections see approximately 43,000 vehicles per day and register as one of Omaha’s busiest thoroughfares. The parcel is immediately adjacent to the main entrance to Shadow Lake Towne Center, a prime shopping and dining destination that serves greater Omaha. The open-air regional shopping center has more than 70 merchants including Hy-Vee, Best Buy, Bed Bath & Beyond, TJ Maxx, Victoria’s Secret, Dick’s Sporting Goods, JC Penny and Carhartt.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

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