Wolf Creek

Multi-Tenant Retail Center | Bellevue, NE (Omaha MSA)

Property Highlights

NOTES

  • 95% occupied retail shopping center
  • Excellent location adjacent to Nebraska‚Äôs top performing Walmart
  • Historically well-leased center with a great set of successful, long term tenants
  • New 10-year leases with Ross Dress for Less, Five Below and Dollar Tree
  • Former Gordmans vacancy (50,000 SF) retenanted at market rates within 18 months

Property Overview

Multi-Tenant Retail Center

10521 South 15TH Street, Bellevue, NE

2002-2007

116,653 S

wolf-creek-map-2
wolf-creek-map

The End Result

December 9, 2019 | Multi-Tenant Retail Center

$15,675,000

$134.37

MAJOR POINTS

  • Property closed at 93% of asking price, despite lower NOI due to losing several anticipated new tenants
  • Viking purchased the property off market in 2017 when it was 45% vacant, retenanted the property and sold it for a significant gain.
  • Buyer sourced by Ember Grummons, who also sourced the original off market opportunity to Viking in 2017.

Financial Plaza