Restaurant
For Sale
$1,152,073
11325 West Dodge Road, Omaha, NE 68154
Former fast-food restaurant positioned on a parcel approaching one acre.
Property Size3,828 SF
Price / SF$300.96
Days on Market92
Property Features for 11325 West Dodge Road
General Information
Standard status
Active
Size
3,828 SF
Property subtype
Retail
Listing Agency:
CBRE - Omaha
(402) 697-5846
Listed By:
Dale Scott · License #NE#0970005
(402) 697-5846
Source:
Cbre
Added: Jun 2
Changed: Aug 31
Last Checked: Sep 1 at 4:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Omaha
Investment Insights
Based on property information with market context.
This conventional restaurant property includes a building formerly used for fast-food service and occupies a parcel measuring nearly one full acre.
The property is located at 11325 West Dodge Road in Omaha, Nebraska, providing a clearly identified commercial address for restaurant repositioning or continued food-service use.
The property is located at 11325 West Dodge Road in Omaha, Nebraska, providing a clearly identified commercial address for restaurant repositioning or continued food-service use.
Key Highlights
- Former fast‑food restaurant building
- Parcel measures nearly one full acre
- Located at 11325 West Dodge Road, Omaha, NE 68154
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,918
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,058,360
$1.1M
Cap Rate 7%
$755,971
$756.0K
Cap Rate 9%
$587,978
$588.0K
Market Conditions
NOI Build-Up for 3,828 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.5K $19.20/SF
− Vacancy
−$2.9K −$0.77/SF
EGI
$70.6K $18.43/SF
− OpEx
−$17.6K −$4.61/SF
NOI
$52.9K $13.82/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,058,360
Cap Rate 7%
$755,971
Cap Rate 9%
$587,978
Alternative Uses
Best Use
Specialty Retail
$756.0K
$661.5K – $882.0K
NOI $52,918 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$881.2K – $1.17M
NOI $70,499 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,536
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68154, NE
23,383
Population
10,846
Households
2.2
Avg Household Size
38
Median Age
51%
College-Educated
98%
High-School Grad
6.8 sq mi
ZIP Area
3,439
Density / Sq Mi
$82,509
Median Household Income
$50,653
Median Earnings
$1,185
Median Rent
$297,800
Median Home Value
Market
Vacancy Rate% for Retail in Omaha, NE
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Grand China Buffet — 11226 Chicago Cir, Omaha, NE 68154
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former fast-food restaurant positioned on a parcel approaching one acre.
Where is this conventional restaurant located?
The property is located at 11325 West Dodge Road Omaha, NE.
What is the asking price?
The asking price for this property is $1,152,073.
What are key features of this property?
This property features: Former fast‑food restaurant building; Parcel measures nearly one full acre; Located at 11325 West Dodge Road, Omaha, NE 68154
