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Shopping Strip

Windolph Square

1300 S Locust St, Grand Island, NE 68801

Listing Price: $1,760,000

Cap Rate
7.50%
Gross SF
11,855
Rentable SF
11,855
Price/Gross SF
$148.46
Lot Size
1.27 acres
Year Built
1981

Investment Overview

Marcus & Millichap, as exclusive advisor is pleased to present the opportunity to acquire 100% fee simple interest in Windolph Square (the “Property”) a 11,855 square foot strip center located in Grand Island, Nebraska.

The property is 100% leased to an e-commerce resistant tenant roster with a nice mix of national and local tenants that service the community well. The average suite size at the center is just 1,317 Square Feet providing minimal risk of rollover due to any one tenant. The Property sits on 1.27 acres and features a high-end brick façade, carefully groomed landscaping, and has been well-maintained. Strategically positioned on S Locust St the center benefits from 16,200+ VPD in front of the property. Traffic counts at the center are also set to significantly increase with a $100 million casino development set to open Q1 2025 ½ mile from the property. Windolph Square also has three access points, a pylon sign, and a Wells Fargo ATM.

Investment Highlights

  • 100% Occupied Retail Strip Center
  • Immediate Access & Visibility to 16,000 VPD
  • Growing Area Directly In Front Of $100 Million Casino Development

Exclusively Listed By

  • Austin Sweet

    Senior Associate

    (314) 889-2503

    Email Austin

    License(s): MO: 2020039560 , NE: 20240118

    St. Louis

  • Chris Garavaglia

    First Vice President Investments

    (314) 889-2552

    Email Chris

    License(s): MO: 2015042068, NE: 20240127

    St. Louis

  • Alex Perez

    First Vice President Investments

    (314) 889-2525

    Email Alex

    License(s): MO: 2000163389 , NE: 20230231, IL: 475199830, AL: 000164341 - 0

    St. Louis

Shopping Strip

Windolph Square

Listing Price: $1,760,000

Cap Rate
7.50%
Gross SF
11,855
Rentable SF
11,855
Price/Gross SF
$148.46
Lot Size
1.27 acres
Year Built
1981

Investment Highlights

  • 100% Occupied Retail Strip Center
  • Immediate Access & Visibility to 16,000 VPD
  • Growing Area Directly In Front Of $100 Million Casino Development

Investment Overview

Marcus & Millichap, as exclusive advisor is pleased to present the opportunity to acquire 100% fee simple interest in Windolph Square (the “Property”) a 11,855 square foot strip center located in Grand Island, Nebraska. The property is 100% leased to an e-commerce resistant tenant roster with a nice mix of national and local tenants that service the community well. The average suite size at the center is just 1,317 Square Feet providing minimal risk of rollover due to any one tenant. The Property sits on 1.27 acres and features a high-end brick façade, carefully groomed landscaping, and has been well-maintained. Strategically positioned on S Locust St the center benefits from 16,200+ VPD in front of the property. Traffic counts at the center are also set to significantly increase with a $100 million casino development set to open Q1 2025 ½ mile from the property. Windolph Square also has three access points, a pylon sign, and a Wells Fargo ATM.

Exclusively Listed By

  • Austin Sweet

    Senior Associate

    (314) 889-2503

    Email Austin

    License(s): MO: 2020039560 , NE: 20240118

    St. Louis

  • Chris Garavaglia

    First Vice President Investments

    (314) 889-2552

    Email Chris

    License(s): MO: 2015042068, NE: 20240127

    St. Louis

  • Alex Perez

    First Vice President Investments

    (314) 889-2525

    Email Alex

    License(s): MO: 2000163389 , NE: 20230231, IL: 475199830, AL: 000164341 - 0

    St. Louis

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