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Supermarket with Lease Options
For Sale
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Pending

2400 8th Ave, Plattsmouth, NE 68048

Corner-positioned grocery property with an established supermarket occupant and direct access to Highways 34 and 75.

Property SizeContact for details
Days on Market143

Property Features for 2400 8th Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Corner Location Yes
Listing Agency: Cleeman Realty Group
Listed By: Michael Cleeman · License #NY 10491206986
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:16AM

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 Cleeman Realty Group

Investment Insights

Based on property information with market context.

The property is occupied by No Frills Supermarket, which has operated at the site since 2008. The existing lease has just over six years remaining in its base term, followed by four five-year renewal options. Each option includes a 5% rental increase.

Located at 2400 8th Avenue, the property occupies the corner of 8th Avenue and Highways 34 and 75 in Plattsmouth, Nebraska. The site is directly across from a Plattsmouth high school. Nebraska is expanding the highways between Murray and Plattsmouth into a four-lane expressway with raised medians and turn lanes; the project is budgeted at around $55M.

Key Highlights

  • No Frills Supermarket has occupied the property since 2008
  • Just over six years remain on the base lease term
  • Four five‑year lease options included

Property Analytics

Current Use

ATM Atm

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
24k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 61% Home Improvements & Furnishings 39%
Bomgaars Home Improvements & Furnishings
9,479 visits/mo 0.4 miles
Burger King Dining
7,447 visits/mo 0.5 miles
KFC Dining
4,983 visits/mo 0.1 miles
Taco Bell Dining
2,227 visits/mo 0.1 miles

Demographics for 68048, NE

12,991
Population
5,644
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
94.4 sq mi
ZIP Area
138
Density / Sq Mi
$85,083
Median Household Income
$49,382
Median Earnings
$959
Median Rent
$256,200
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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Similar Off Market Nearby

  • Hy-Vee Grocery Store 16418 Westside Dr, Plattsmouth, NE 68048

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Corner-positioned grocery property with an established supermarket occupant and direct access to Highways 34 and 75.
Where is this grocery and convenience store located?
The property is located at 2400 8th Ave Plattsmouth, NE.
What are key features of this property?
This property features: No Frills Supermarket has occupied the property since 2008; Just over six years remain on the base lease term; Four five‑year lease options included
More about this property
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