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    Retail Space in La Vista Title is generated by Realmo AI

    8219 City Centre Dr, La Vista, NE 68128

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    Retail space for lease in La Vista City Centre.

    Type:Retail
    Added:
    Feb 14, 2024
    Days on Market:
    841
    Last Refresh:
    May 12 at 9:37 pm

    Property Features for 8219 City Centre Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 8219 City Centre Dr Contact us

    Building 15 - Suite I $24/Mo

    Size
    1,649 SF
    Type
    Retail
    Contact us

    Building 15 - Suite E $24/Mo

    Size
    1,424 SF
    Type
    Retail
    Contact us

    Building 10 - Suite E $24/Mo

    Size
    11,115 SF
    Type
    Retail
    Contact us

    Building 5 - Bay 4 $30/Mo

    Size
    1,665 SF
    Type
    Retail
    Contact us

    Building 15 - Suite F $24/Mo

    Size
    3,058 SF
    Type
    Retail
    Contact us

    Building 15 - Suite G $24/Mo

    Size
    1,768 SF
    Type
    Retail
    Contact us

    Building 14 - Suite A $24/Mo

    Size
    4,345 SF
    Type
    Retail
    Contact us

    Lot 6 - 2nd Floor $30/Mo

    Size
    Type
    Retail
    Contact us

    Building 15 - Suite B $24/Mo

    Size
    1,760 SF
    Type
    Retail
    Contact us

    Building 15 - Suite A $24/Mo

    Size
    1,676 SF
    Type
    Retail
    Contact us

    Lot 6 - First Floor $30/Mo

    Size
    Type
    Retail
    Contact us

    Building 10 - Suite A $24/Mo

    Size
    5,128 SF
    Type
    Retail
    Contact us

    Building 10 - Suite B $24/Mo

    Size
    3,789 SF
    Type
    Retail
    Contact us

    Building 10 - Suite D $24/Mo

    Size
    3,905 SF
    Type
    Retail
    Contact us
    Show more

    We can help!

    Listing Contact
    Dan Dutton
    Dan Dutton

    Listing agent Dan Dutton License #NE 20030305

    Listing office Lee & Associates - Lincoln

    Listing date Feb 14, 2024

    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 Lee & Associates - Lincoln

    HighLights

    • Located in La Vista City Centre, a high‑traffic entertainment hub in Sarpy County.
    • Part of a mixed‑use development including retail, office space, and 384 luxury apartments.
    • Designed as a community‑driven downtown area for gathering, dining, and relaxation.
    • Centrally located at 84th & Giles.
    • Features neighborhood services and retailers.
    • Collaboration with the community to create an authentic downtown La Vista.

    Overview

    Retail space is available for lease within the La Vista City Centre, an entertainment hub located in Sarpy County. In addition to entertainment venues, the City Centre includes neighborhood services, retailers, office space, and 384 luxury apartment units. This community-driven downtown area provides space for people to gather, share a meal, and unwind. The location is centrally-located at 84th & Giles.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Vista
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0444
    Latitude
    41.166

    Nearby Similar for Lease

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      La Vista Retail Space Available

      Retail space for lease in strong neighborhood shopping center.
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      Retail Space Near Sports Complex

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      Retail and Office Space Available

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      Retail Space with Drive-Thru Potential

      Retail space in a dense residential area with drive-thru potential.
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      Retail Space in High-Traffic Area

      Retail space available in high-traffic area near La Vista City Centre.
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    • $24 SF/Yr
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      Retail Space in La Vista

      Retail space for lease in La Vista City Centre.
      8219 City Centre Drive, La Vista, NE 68128
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    • $21 SF/Yr
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      Southport Retail or Office Space

      Retail or office space in booming Southport area for lease.
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    • $8 SF/Yr
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      Industrial Building with Office Space

      19,039 SF industrial building with 3,500 SF office space.
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      View Details
    • $9 SF/Yr
      58,940 SF

      Industrial Space Available For Lease

      12,630 SF industrial space available for lease.
      14607 Chandler Road, La Vista, NE 68138
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for lease in La Vista City Centre.
    Where is this retail space located?
    The property is located at 8219 City Centre Dr La Vista, NE.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Located in La Vista City Centre, a high‑traffic entertainment hub in Sarpy County.; Part of a mixed‑use development including retail, office space, and 384 luxury apartments.; Designed as a community‑driven downtown area for gathering, dining, and relaxation.
    (531) 721-2888 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dan Dutton
    Dan Dutton
    Real Estate License ID: NE 20030305
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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