Restaurant Near Aksarben
For Sale
Contact for pricing
7255 Cedar Street, Omaha, NE 68124
Well-located restaurant property with equipment, near Aksarben Village.
Property Size5,146 SF
Price / SF$291.49
Days on Market80
Property Features for 7255 Cedar Street
General Information
Standard status
Active
Size
5,146 SF
Property subtype
Retail
Building Details
Year Built
1969
Listing Agency:
Cushman & Wakefield | The Lund Company
(402) 393-8811
Listed By:
Michael Earl · License #NE 20220563
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Aug 6 at 12:15PM
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 Cushman & Wakefield | The Lund Company
Investment Insights
Based on property information with market context.
This is an existing restaurant property situated near Aksarben Village, providing convenient access to Center Street, 72nd Street, Mercy Road, and I-80. The surrounding area is a diversified mixed-use environment, featuring multi-family residences, retail shopping, a variety of restaurants, and office spaces. The property includes a large pole sign available for use. Certain restaurant equipment will remain on the premises. The property has a size of 5146 square feet. The property can be available for lease. Tenant is willing to sell some FF&E.
Key Highlights
- Prime location near Aksarben Village with easy access to major roads.
- Situated in a diversified mixed‑use area.
- Existing restaurant space available for immediate occupancy.
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
$71,138
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
4.74%
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%
$1,422,760
$1.4M
Cap Rate 7%
$1,016,257
$1.0M
Cap Rate 9%
$790,422
$790.4K
Market Conditions
NOI Build-Up for 5,146 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
$98.8K $19.20/SF
− Vacancy
−$4.0K −$0.77/SF
EGI
$94.9K $18.43/SF
− OpEx
−$23.7K −$4.61/SF
NOI
$71.1K $13.82/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
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%
$1,422,760
Cap Rate 7%
$1,016,257
Cap Rate 9%
$790,422
Alternative Uses
Best Use
Specialty Retail
$1.02M
$889.2K – $1.19M
NOI $71,138 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,772 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68124, NE
15,503
Population
6,941
Households
2.2
Avg Household Size
39
Median Age
55%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
2,768
Density / Sq Mi
$96,341
Median Household Income
$56,177
Median Earnings
$1,223
Median Rent
$277,200
Median Home Value
Market
Vacancy Rate% for Retail in Omaha, NE
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-located restaurant property with equipment, near Aksarben Village.
Where is this conventional restaurant located?
The property is located at 7255 Cedar Street Omaha, NE.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime location near Aksarben Village with easy access to major roads.; Situated in a diversified mixed‑use area.; Existing restaurant space available for immediate occupancy.
