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Fully Leased Medical Retail Center
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2108 Taylor Avenue, Norfolk, NE 68701

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

Property SizeContact for details
Days on Market9

Property Features for 2108 Taylor Avenue

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 7.75%

Building Details

Tenancy Multi
Listing Agency: Matthews
Listed By: Austin Sweet · License #NE 20240118
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 2:38PM

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 Matthews

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

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
More about this property
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