New Construction Retail
For Sale
$4,000,000
601 U.S 6, Ashland, NE 68003
Newly built retail center with a tenant mix and visibility to approximately 5,435 vehicles per day.
Property Size11,700 SF
Price / SF$341.88
Days on Market48
Property Features for 601 U.S 6
General Information
Standard status
Active
Size
11,700 SF
Property subtype
Retail
Additional Details
Traffic Count
5,435 vehicles/day
Listing Agency:
CBRE - Omaha
Listed By:
Scott Johnson · License #20170661
(402) 697-5849
Source:
Cbre
Added: Jul 17
Changed: Aug 27
Last Checked: Sep 1 at 3:40PM
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 CBRE - Omaha
Investment Insights
Based on property information with market context.
This newly constructed retail center offers a diverse mix of local and regional tenants. The property is presented as a retail investment opportunity in Ashland, Nebraska.
The center benefits from strong road visibility, advertised as being seen by approximately 5,435 vehicles per day along U.S. 6. With its current tenant mix, the space is designed for straightforward retail occupancy within the surrounding community.
The center benefits from strong road visibility, advertised as being seen by approximately 5,435 vehicles per day along U.S. 6. With its current tenant mix, the space is designed for straightforward retail occupancy within the surrounding community.
Key Highlights
- New construction retail center in the growing community of Ashland, Nebraska
- Retail center tenant mix includes both local and regional tenants
- Visible to approximately 5,435 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$136,364
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,727,280
$2.7M
Cap Rate 7%
$1,948,057
$1.9M
Cap Rate 9%
$1,515,156
$1.5M
Market Conditions
NOI Build-Up for 11,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$210.6K $18.00/SF
− Vacancy
−$15.8K −$1.35/SF
EGI
$194.8K $16.65/SF
− OpEx
−$58.4K −$5.00/SF
NOI
$136.4K $11.66/SF
Area
Saunders County, NE
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,727,280
Cap Rate 7%
$1,948,057
Cap Rate 9%
$1,515,156
Alternative Uses
Best Use
Retail
$1.95M
$1.70M – $2.27M
NOI $136,364 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.07M
$2.69M – $3.59M
NOI $215,158 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5,435 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
Runza
Dining
6,330 visits/mo
0.4 miles
Phillips 66
Shops & Services
5,308 visits/mo
0.5 miles
Demographics for 68003, NE
5,291
Population
2,447
Households
2.2
Avg Household Size
42
Median Age
35%
College-Educated
97%
High-School Grad
108.7 sq mi
ZIP Area
49
Density / Sq Mi
$90,714
Median Household Income
$50,254
Median Earnings
$904
Median Rent
$281,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Newly built retail center with a tenant mix and visibility to approximately 5,435 vehicles per day.
Where is this shopping center located?
The property is located at 601 U.S 6 Ashland, NE.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: New construction retail center in the growing community of Ashland, Nebraska; Retail center tenant mix includes both local and regional tenants; Visible to approximately 5,435 vehicles per day
