Grocery-Anchored Retail
1230 N Washington St Papillion, NE 21202
For Sale
Contact for pricing
Six Family Fare retail assets with grocery and fitness anchors, offered for acquisition across the Omaha MSA.
Property Size376,359 SF
Days on Market58
Property Features for 1230 N Washington St
General Information
Standard status
Active
Size
376,359 SF
Property subtype
Retail
Building Details
Year Built
1973
Listing Agency:
JLL Chicago | North Riverside Plaza
(312) 300-7291
Listed By:
Michael Nieder · License #IL475.189942
Source:
Crexi
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 27 at 7:41AM
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 JLL Chicago | North Riverside Plaza
Investment Insights
Based on property information with market context.
Jones Lang LaSalle Americas, Inc. (JLL) presents the Family Fare Omaha Portfolio, a collection of six primarily grocery-anchored retail assets totaling 376,359 square feet. The portfolio is currently 87.1% occupied and is anchored by C&S Whole Grocers’ Family Fare banner. Tenants include VASA Fitness and Dollar Tree, along with various local service providers. The offering also includes a mix of multi-tenant grocery-anchored centers, single-tenant net lease grocery assets, and one vacant box.
The portfolio spans the Omaha MSA, including the North 30th property anchored by VASA Fitness. JLL notes that C&S Wholesale Grocers operates Family Fare grocery banners under 15+ formats nationwide. The portfolio’s footprint includes a reported 48,624 square foot vacant box (the Broadway asset), with the remainder of the package occupied by grocery and supporting retail tenants.
For buyers, the portfolio’s tenant profile centers on grocery stability supported by C&S Corporate Credit on all Family Fare leases, alongside additional draw from fitness and discount retail. Investors can bid on individual properties or acquire the portfolio as a whole. Reported portfolio results include an approximately +/- 5.9% 5-year NOI CAGR, with additional consideration given to the vacant box opportunity within the package.
The portfolio spans the Omaha MSA, including the North 30th property anchored by VASA Fitness. JLL notes that C&S Wholesale Grocers operates Family Fare grocery banners under 15+ formats nationwide. The portfolio’s footprint includes a reported 48,624 square foot vacant box (the Broadway asset), with the remainder of the package occupied by grocery and supporting retail tenants.
For buyers, the portfolio’s tenant profile centers on grocery stability supported by C&S Corporate Credit on all Family Fare leases, alongside additional draw from fitness and discount retail. Investors can bid on individual properties or acquire the portfolio as a whole. Reported portfolio results include an approximately +/- 5.9% 5-year NOI CAGR, with additional consideration given to the vacant box opportunity within the package.
Key Highlights
- Portfolio of six primarily grocery‑anchored retail assets totaling 376,359 SF across the Omaha MSA
- Currently 87.1% occupied, with Family Fare banner support from C&S Whole Grocers
- Tenant mix includes VASA Fitness and Dollar Tree, plus various local service providers
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Tara Plaza — 802 Tara Plaza, Papillion, NE 68046
- Brentwood Square — 8058 84th St, La Vista, NE 68128
- Brentwood Village Shopping Center — S 84th St, La Vista, NE 68128
- La Vista City Centre — 8219 City Centre Dr, La Vista, NE 68128
Frequently Asked Questions
What type of property is this?
Shopping center - Six Family Fare retail assets with grocery and fitness anchors, offered for acquisition across the Omaha MSA.
Where is this shopping center located?
The property is located at 1230 N Washington St Papillion, NE.
What are key features of this property?
This property features: Portfolio of six primarily grocery‑anchored retail assets totaling 376,359 SF across the Omaha MSA; Currently 87.1% occupied, with Family Fare banner support from C&S Whole Grocers; Tenant mix includes VASA Fitness and Dollar Tree, plus various local service providers
