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Walmart-Adjacent Shopping Center
New
For Sale
$250,000

210 Frontier St, Lexington, NE 68850

A five-suite retail center beside Walmart includes pylon signage and two points of access.

Property Size12,260 SF
Lot Size1.28 Acres
Price / SF$20.39
Days on Market4

Property Features for 210 Frontier St

General Information

Standard status Active
Size 12,260 SF
Total Parking Spaces 67
Lot size 1.28 Acres
Property subtype Shopping Strip
Occupancy 88%

Site & Location

Pylon Signage Yes
Road Access Yes

Amenities

STARTING BID $250,000 | Walmart-Shadowed Strip Center | 88% Occupied | 2005 Built | AUCTION NOV 30 – DEC 2
Walmart Shadow-Anchored Retail Center - 12,260 SF center sits beside the only Walmart within 40 miles, driving destination traffic.
NNN Income with Contractual Rent Growth - Four occupied suites feature net recoveries, annual increases, and approximately four-year WALT.
Value-Add Lease-Up Opportunity in Place - One ±1,400 SF vacancy creates immediate upside while preserving diversified in-place income.
Direct Access to I-80 Regional Corridor - Plum Creek Pkwy connects quickly to I-80 at ±18,500 VPD, supporting regional accessibility.
Diversified Service-Oriented Tenant Mix - Anytime Fitness, Lei Garden, Blooming Tree, and Heartland Laundry diversify revenue streams.
Efficient Site with Abundant Parking - ±1.28 acres provide 67 spaces, pylon signage, and two access points for easy customer circulation.

Building Details

Building Size 12,260 SF
Year Built 2006
Tenancy Multi
Listing Agency: Marcus & Millichap
Listed By: Chris Garavaglia · License #License(s): MO: 2015042068, NE: 20240127
Source: Marcusmillichap
Added: Oct 28 Last Checked: Oct 30 at 10:32AM

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 Marcus & Millichap

Rey
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Investment Insights

Based on property information with market context.

This 12,260-square-foot shopping center occupies 1.28 acres and is configured as five suites. The property has 67 parking spaces, pylon signage and two access points. Approximately 88% of the center is occupied, with about 1,400 square feet currently vacant. Named tenants include Anytime Fitness, Lei Garden, Blooming Tree and Heartland Laundry.

The center is directly adjacent to Walmart, described as the only Walmart within a 40-mile radius. Plum Creek Pkwy carries approximately 12,884 vehicles per day, and I-80, with more than 18,500 vehicles per day, provides regional access. Average household income within one mile is approximately $91,815.

Existing leases are structured on a triple-net basis and include contractual rent increases. The weighted average lease term is approximately four years.

Key Highlights

  • 12,260‑square‑foot center on 1.28 acres
  • Five‑suite layout with 67 parking spaces
  • Approximately 88% occupied, with about 1,400 square feet vacant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Anytime Fitness Gym & Fitness Center LibertyX Bitcoin ATM Atm Viaero Wireless Mobile Phone Store Asian House Buffet Restaurant

Suggested Use

Top Pick Electrical Service Locksmith Storage Facility (Bike/Boat/Book/etc) Store Pharmacy Home Appliance Store

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

88%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 68850, NE

12,489
Population
4,299
Households
2.9
Avg Household Size
32
Median Age
15%
College-Educated
64%
High-School Grad
267.0 sq mi
ZIP Area
47
Density / Sq Mi
$64,269
Median Household Income
$38,724
Median Earnings
$911
Median Rent
$156,700
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - A five-suite retail center beside Walmart includes pylon signage and two points of access.
Where is this shopping center located?
The property is located at 210 Frontier St Lexington, NE.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 12,260‑square‑foot center on 1.28 acres; Five‑suite layout with 67 parking spaces; Approximately 88% occupied, with about 1,400 square feet vacant
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