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$252.04
Days on Market143
Property Features for 7255 Cedar Street
General Information
Standard status
Active
Size
5,146 SF
Total Parking Spaces
78
Property subtype
Retail
Zoning
GC
Investment Type
Owner/User
Building Details
Year Built
1969
Listing Agency:
Cushman & Wakefield | The Lund Company
Listed By:
Michael Earl · License #NE 20220563
(402) 393-8811
Source:
Crexi
Added: May 19
Changed: Oct 7
Last Checked: Oct 7 at 10:48AM
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 / Yr
$71,138
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
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
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 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 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,772 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,014
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Omaha, NE
Questions? Ask Rey
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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 $1,297,000.
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.
