713 Olson Dr Papillion, NE 68046
Commercial property on Highway 370 with two access points.
Property Features for 713 Olson Dr
General Information
- Standard status
- Active
- Size
- 3,802 SF
- Property subtype
- Land, Office
Building Details
- Year Built
- 1981
Listing office Aulner Home Team (402) 657-1229
Listing date Jun 29, 2022
Source Crexi
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 Aulner Home Team
Investment Insights
Based on property information with market context.
Key Highlights
- Prime commercial property on HWY 370
- Two entrances to access road
- Existing structure suitable as a shell for office space buildout
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.8k | $18.36 |
| − Vacancy | −$3.4k | −$0.88 |
| EGI | $66.5k | $17.48 |
| − OpEx | −$16.6k | −$4.37 |
| NOI | $49.8k | $13.11 |
