Walgreens Retail
For Sale
$3,599,000
225 N Saddle Creek Rd, Omaha, NE 68131
Walgreens-identified retail space with an established Omaha location and commercial-scale floor area.
Property Size13,578 SF
Price / SF$265.06
Days on Market161
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Property Features for 225 N Saddle Creek Rd
General Information
Standard status
Active
Size
13,578 SF
Property subtype
Commercial
Occupancy
100%
Lease Term
± 5.76 YRS
Net Operating Income
$306,000
Additional Details
Cap Rate
8.5%
Building Details
Building Size
13,578 SF
Year Built
2003
Listing Agency:
Matthews Real Estate Investment Services, Inc
Listed By:
Kyle Matthews · License #01469842
(310) 919-5757
Source:
Matthews
Added: May 8
Changed: Oct 9
Last Checked: Oct 14 at 7:39PM
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 Real Estate Investment Services, Inc
Investment Insights
Based on property information with market context.
This retail space is identified as Walgreens and contains 13,578 square feet. Constructed in 2003, the property presents a recognizable retail format at 225 N Saddle Creek Rd in Omaha, Nebraska.
The property is offered for sale and carries an 8.50% CAP rate. Its address places the asset within Omaha, providing a clearly defined location for evaluating the retail property and its existing commercial configuration.
The property is offered for sale and carries an 8.50% CAP rate. Its address places the asset within Omaha, providing a clearly defined location for evaluating the retail property and its existing commercial configuration.
Key Highlights
- Walgreens‑identified retail space
- 13,578 square feet of retail area
- Built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,239
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,284,780
$3.3M
Cap Rate 7%
$2,346,271
$2.3M
Cap Rate 9%
$1,824,878
$1.8M
Market Conditions
NOI Build-Up for 13,578 SF
Gross rent
$244.4K $18.00/SF
− Vacancy
−$9.8K −$0.72/SF
EGI
$234.6K $17.28/SF
− OpEx
−$70.4K −$5.18/SF
NOI
$164.2K $12.10/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,284,780
Cap Rate 7%
$2,346,271
Cap Rate 9%
$1,824,878
Alternative Uses
Best Use
Retail
$2.35M
$2.05M – $2.74M
NOI $164,239 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.13M – $4.17M
NOI $250,061 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 68131, NE
13,609
Population
7,861
Households
1.7
Avg Household Size
29
Median Age
46%
College-Educated
91%
High-School Grad
2.1 sq mi
ZIP Area
6,480
Density / Sq Mi
$47,800
Median Household Income
$30,808
Median Earnings
$1,081
Median Rent
$224,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Omaha, NE
Frequently Asked Questions
What type of property is this?
Retail space - Walgreens-identified retail space with an established Omaha location and commercial-scale floor area.
Where is this retail space located?
The property is located at 225 N Saddle Creek Rd Omaha, NE.
What is the asking price?
The asking price for this property is $3,599,000.
What are key features of this property?
This property features: Walgreens‑identified retail space; 13,578 square feet of retail area; Built in 2003
