2108 Taylor Avenue, Norfolk, NE 68701

Building Details

Tenancy Multi More

Listing Agency: Matthews

Listed By: Austin Sweet · License NE #20240118

Source: Crexi

Added: Sep 17 Changed: Oct 26 Last Checked: Nov 8 at 6:36AM

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Investment Insights

Based on property information with market context.

The property is a strip center configured for medical occupancy and is fully leased. Its retail-center format places it within the commercial property category, with medical use represented in the existing occupancy.

Located at 2108 Taylor Avenue in Norfolk, Nebraska, the center is in the area identified as the city’s retail hub.

Key Highlights

• Fully occupied medical strip center
• 7.75% cap rate
• 2108 Taylor Avenue address in Norfolk, Nebraska

Property Analytics

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

Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Hair Salon Electrical Service

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

600

Businesses Nearby

272k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 24% Dining 22% Shops & Services 16% Groceries 16%

Menards Home Improvements & Furnishings

44,437 visits/mo 0.3 miles

Hy-Vee Groceries

43,294 visits/mo 0.1 miles

Hobby Lobby Shops & Services

25,921 visits/mo 0.3 miles

Kohl's Apparel

23,469 visits/mo 0.5 miles

Culver's Dining

20,886 visits/mo 0.2 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

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Frequently Asked Questions

What type of property is this?

Strip mall - A medical-oriented retail property is located in Norfolk, Nebraska.

Where is this strip mall located?

The property is located at 2108 Taylor Avenue Norfolk, NE.

What is the asking price?

The asking price for this property is $4,335,000.

What are key features of this property?

This property features: Fully occupied medical strip center; 7.75% cap rate; 2108 Taylor Avenue address in Norfolk, Nebraska