Listing Agency: Real Estate Solutions Team k**@keytosolutions.com Show Phone

Listed By: Connor Wilcox Show Phone

Source: Exprealty

Added: Oct 23 Changed: Oct 31 Last Checked: Oct 31 at 2:59AM

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Investment Insights

Based on property information with market context.

This retail space offers approximately 900 square feet, with plumbing already installed for sinks. The property is located at 208 W Madison Ave in Norfolk, close to the downtown area.

Key Highlights

• Approximately 900 square feet of retail space
• Existing plumbing for sinks
• 208 W Madison Ave, near downtown Norfolk

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Bakery Law Firm

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

Yes

Utilities to site

NNN (Triple Net)

Lease Type

$1.60 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

604

Businesses Nearby

48k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 64% Shops & Services 24% Dining 12%

Hy-Vee Groceries

30,818 visits/mo 0.1 miles

Dollar General Shops & Services

9,023 visits/mo 0.2 miles

El Rodeo Dining

5,605 visits/mo 0.3 miles

U.S. Bank Shops & Services

2,111 visits/mo 0.5 miles

Pomp's Tire Service Shops & Services

411 visits/mo 0.4 miles

Demographics for 68701, NE

31,257

Population

13,806

Households

2.3

Avg Household Size

37

Median Age

24%

College-Educated

93%

High-School Grad

188.5 sq mi

ZIP Area

166

Density / Sq Mi

$64,862

Median Household Income

$40,713

Median Earnings

$855

Median Rent

$200,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Rent Nearby

See more

Retail/Office Space Available For Lease

1130 S 13th St, Norfolk, NE 68701

Contact for pricing

4,934 sqft

View details

Retail Space Available For Lease

2305 Krenzien Drive, Norfolk, NE 68701

$15 SF/Yr

4,250 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Existing sink plumbing adds a practical feature for a range of retail uses.

Where is this retail space located?

The property is located at 208 W Madison Ave Norfolk, NE.

What is the lease rate?

The lease rate is $800/Mo.

What are key features of this property?

This property features: Approximately 900 square feet of retail space; Existing plumbing for sinks; 208 W Madison Ave, near downtown Norfolk