New Construction
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20070 Hampton Dr, Gretna, NE 68028
Newly built industrial space with LI zoning and convenient access to major regional routes.
Property Size18,000 SF
Price / SF$180
Days on Market335
Property Features for 20070 Hampton Dr
General Information
Standard status
Active
Size
18,000 SF
Property subtype
Industrial
Zoning
LI
Occupancy
17%
Lease Type
NNN
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2024
Buildings
1
Listing Agency:
Investors Realty Inc
(402) 740-5880
Listed By:
Kevin Stratman, SIOR, CCIM · License #NE 20110363
Source:
Crexi
Added: Oct 2, 2025
Changed: Aug 31
Last Checked: Aug 30 at 3:53PM
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 Investors Realty Inc
Investment Insights
Based on property information with market context.
Completed in 2024, this newly constructed warehouse contains 18,000 square feet and is designated LI zoning. The facility is located at 20070 Hampton Drive in Gretna, Nebraska, near the intersection of 204th and Highway 370.
The property provides access to I-80 and Highway 6, connecting the site with regional transportation routes and the Omaha–Lincoln corridor. Its warehouse classification and industrial zoning support commercial and industrial occupancy considerations.
The property provides access to I-80 and Highway 6, connecting the site with regional transportation routes and the Omaha–Lincoln corridor. Its warehouse classification and industrial zoning support commercial and industrial occupancy considerations.
Key Highlights
- 18,000‑square‑foot warehouse completed in 2024
- LI zoning designation
- Near 204th and Highway 370 in Gretna, Nebraska
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
$126,873
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
3.92%
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%
$2,537,460
$2.5M
Cap Rate 7%
$1,812,471
$1.8M
Cap Rate 9%
$1,409,700
$1.4M
Market Conditions
NOI Build-Up for 18,000 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
$153.7K $8.54/SF
− Vacancy
−$4.5K −$0.25/SF
EGI
$149.3K $8.29/SF
− OpEx
−$22.4K −$1.24/SF
NOI
$126.9K $7.05/SF
Area
Sarpy County, NE
Vacancy
2.90%
Lease Rate
$8.54 /SF/Yr
Expense Ratio
15.00%
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%
$2,537,460
Cap Rate 7%
$1,812,471
Cap Rate 9%
$1,409,700
Alternative Uses
Best Use
Warehouse
$1.81M
$1.59M – $2.11M
NOI $126,873 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.83M
$4.23M – $5.64M
NOI $338,128 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68028, NE
15,954
Population
5,672
Households
2.8
Avg Household Size
35
Median Age
55%
College-Educated
98%
High-School Grad
63.0 sq mi
ZIP Area
253
Density / Sq Mi
$141,356
Median Household Income
$65,141
Median Earnings
$1,434
Median Rent
$370,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Newly built industrial space with LI zoning and convenient access to major regional routes.
Where is this warehouse located?
The property is located at 20070 Hampton Dr Gretna, NE.
What is the asking price?
The asking price for this property is $3,240,000.
What are key features of this property?
This property features: 18,000‑square‑foot warehouse completed in 2024; LI zoning designation; Near 204th and Highway 370 in Gretna, Nebraska
