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Shopping Strip

774 Olson Dr

774 Olson Dr, Papillion, NE 68046

Listing Price: $3,084,700

Cap Rate
8.00%
Gross SF
9,237
Rentable SF
9,237
Price/Gross SF
$333.95
Lot Size
0.82 acres
Year Built
2015

Investment Overview

774 Olson Dr, Papillion, NE 68046 (The Property), a 9,237-square-foot building that is currently leased by Access Bank and Berkshire Hathaway HomeServices with 3 years of lease term on their original 10 year leases. The property is located in Papillon, an affluent suburb of Omaha, Nebraska. The property was built in 2015 with an Access Bank Drive through 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

  • NNN Leases
  • Frontage on High Traffic Count Highway
  • Pylon Signage and Drive-Thru

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Listing Price: $3,084,700

Cap Rate
8.00%
Gross SF
9,237
Rentable SF
9,237
Price/Gross SF
$333.95
Lot Size
0.82 acres
Year Built
2015

Investment Highlights

  • NNN Leases
  • Frontage on High Traffic Count Highway
  • Pylon Signage and Drive-Thru

Investment Overview

774 Olson Dr, Papillion, NE 68046 (The Property), a 9,237-square-foot building that is currently leased by Access Bank and Berkshire Hathaway HomeServices with 3 years of lease term on their original 10 year leases. The property is located in Papillon, an affluent suburb of Omaha, Nebraska. The property was built in 2015 with an Access Bank Drive through 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

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