6005 72nd St Omaha, NE 68134-2300

Property Details for 6005 72nd St

Year built

2007

Lot size

1.70 lot acres

Property size

14,466 SF

Zone code

CC

Property type

Drug stores

APN

2233978020

APU

2233978020

Description

This exceptional investment opportunity presents a fee-simple ownership of a 13,000 square foot Walgreens pharmacy located at 6005 N 72nd St, Omaha, NE 68134. The property sits on a 1.7-acre lot and boasts a 14-year remaining lease term (commencing November 20, 2023 and expiring November 29, 2038) with a corporate guarantee from Walgreens. The absolute NNN lease structure ensures minimal landlord responsibilities. A significant advantage is the built-in rent escalations of 5% every five years, providing consistent income growth. The property's strong financial performance is reflected in a 6.15% cap rate and a net operating income (NOI) of $228,144, with an asking price of $3,650,304 ($285.36 per square foot). Built in 2007, this strategically located Walgreens benefits from high visibility on a signalized hard corner with over 55,000 vehicles passing daily. Its proximity to four major schools (totaling over 4700 students), CHI Health hospital, and a Target-anchored shopping center with numerous national tenants (including Petsmart, Ross, Marshalls, Big Lots, Taco Bell, KFC, and Chick-fil-A) ensures strong and consistent customer traffic. The 10-mile trade area boasts a population exceeding 215,000 residents with an average household income over $77,000, further solidifying the investment's potential. The lease includes twelve, five-year options. 100% occupancy is currently maintained.

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Longitude

-96.0232

Latitude

41.3133

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments