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Retail Space in High-Traffic Area
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1401 S Washington St, Papillion, NE 68046

Retail space with excellent visibility in a high-growth area.

Space Size2,520 SF
Days on Market127

Property Features for 1401 S Washington St

General Information

Standard status Active
Size 2,520 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1401 S Washington St Contact us

1401 S Washington St $18/SF/Yr

Size
2,520 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
-Excellent visibility at the high-traffic intersection of 84th Street and Hwy 370 -Next...
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Listing Agency: CBRE | Omaha
Listed By: Mark Obermeyer · License #20000181
Source: Moodyscre
Added: May 19 Changed: Sep 21 Last Checked: Sep 21 at 11:26AM

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 retail space benefits from excellent visibility at the intersection of 84th Street and Highway 370, which experiences a high traffic volume of 45,500 vehicles per day. The property is situated next to the Sarpy County Headquarters, the Midlands Place mixed-use development, and the future Tower District. Located in a high-growth area, the surrounding community is characterized by high-income, educated, and family-oriented residents. The property offers 2,520 square feet of space.

Key Highlights

  • High‑traffic location at the intersection of 84th Street and Hwy 370 (45,500 VPD)
  • Located in a high‑growth area with attractive demographics
  • Next to Sarpy County Headquarters

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Auto Repair Shop Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

Demographics for 68046, NE

32,242
Population
12,849
Households
2.5
Avg Household Size
36
Median Age
50%
College-Educated
97%
High-School Grad
28.0 sq mi
ZIP Area
1,152
Density / Sq Mi
$113,708
Median Household Income
$57,767
Median Earnings
$1,252
Median Rent
$331,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Papillion, NE

$22.3 /SF/Yr
Avg Asking Price
$17.5–$30 /SF/Yr
Price Range
3,836 SF
Avg Space Size

This space is priced 19% below the average of $22.3 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with excellent visibility in a high-growth area.
Where is this retail space located?
The property is located at 1401 S Washington St Papillion, NE.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the intersection of 84th Street and Hwy 370 (45,500 VPD); Located in a high‑growth area with attractive demographics; Next to Sarpy County Headquarters
(402) 697-5825 Call to check price and availability
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