Posts Tagged ‘Retail’

Legacy Village

Legacy Village retail property: Omaha NE Property Highlights NOTES 95% occupied Class A multi-tenant shopping center Historically well-leased center with strong remaining lease terms, including Natural Grocers through 2028 One-mile median household income over $150,000 Located opposite Bakers Supermarket (Kroger) and Super Target; Walmart and Lowe’s located one-quarter mile to the west Assumable non-recourse loan…

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Deerfield Place

Deerfield Place retail property: Omaha, NE Property Highlights NOTES Class C multi-tenant shopping center Property in transition from grocery anchored to a more service-oriented center Center was 90% occupied at closing, a 20,000SF temporary tenant will be vacating in one year Property Overview Class C multi-tenant shopping center 5222 S 136th St, Omaha, NE 129,812…

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Hy-Vee Winona

Hy-Vee Winona retail property: winona, MN Property Highlights NOTES High preforming Hy-Vee – top store out of 50 in the region Store located in a prosperous tertiary market with limited ability to relocate Dominant grocer in the market Property Overview Retail Property 1475 W Service Dr, Winona, MN 59,747 SF The End Result January 16,…

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Wolf Creek

Wolf Creek RETAIL PROPERTY: BELLEVUE, NE Property Highlights NOTES Excellent location adjacent to Nebraska’s best performing Walmart 15-year old property in excellent physical condition Value opportunity created when Gordmans vacated Rent roll includes many long-term, successful tenants Property Overview Retail Property 10521 S 15th St, Bellevue, NE 118,533 SF The End Result July 27, 2017…

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Hy-Vee Grocery

Hy-Vee Grocery SINGLE TENANT NET LEASED RETAIL PROPERTY: OMAHA, NE Property Highlights NOTES Hy-Vee had only 3.5 years left on lease Flat rents throughout tenant’s primary term and near term options limited potential Buyer pool Older store had deferred maintenance Property Overview Single Tenant Net Leased Retail 10808 Fort St, Omaha, NE 1998 69,917 SF…

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Stateline Station

Stateline Station RETAIL PROPERTY: KANSAS CITY, MO Property Highlights NOTES Center purchased out of foreclosure and had been neglected by ownership Incomplete and in some cases conflicting records Lender required quick close as a condition of sale Complex co-tenancy and default issues Termination notice received by significant tenant three weeks prior to closing Property Overview…

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One Val Verde Place

One Val Verde Place Retail Property: Omaha, NE Property Highlights NOTES Property Overview Retail Shopping Center 9631 Giles Road, La Vista, NE 2000 48,712 SF The End Result May 5, 2016 $4,800,000 $98.54 MAJOR POINTS Property went under LOI within 12 days of going to market Listing and Buyer both sourced by Ember Grummons Negotiated…

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Spring Ridge Plaza Phase I & II

Spring Ridge Plaza Phase I & II RETAIL PROPERTY: OMAHA,NE Property Highlights NOTES Well located property opposite new Hy-Vee in high income area of Omaha Troubled property with high vacancy rate and many M-T-M and slow paying Tenants Phase I – 35% occupied Phase II – 100% occupied, but 63% of tenants significantly delinquent or…

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Fort Plaza & Weber Place

Fort Plaza & Weber Place retail property: Omaha NE Property Highlights NOTES Package of two shadow anchored shopping centers Well established & maintained shopping centers with many long term tenants Property Overview Retail Shopping Centers 5402 North 90th Street | 7410 North 30th Street Omaha, NE 1990 39,994 SF | 38,802 SF The End Result…

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Tuscan Oaks

Tuscan Oaks Retail Property: Omaha, NE Property Highlights NOTES High offering price per square foot Short remaining lease term with several tenants Price point too large for most individual investors, but too small for institutions Property Overview Commercial Strip Center 3309 Oak View Dr, Omaha, NE 2008 11,725 SF The End Result December 18, 2012…

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