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    701 Galvin Rd Bellevue, NE 68005

    Sponsored
    For Lease
    $6 SF/Yr

    High-traffic retail space, Bellevue, NE.

    Lot size:
    164,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    American Plaza, located at 701 Galvin Rd S, Bellevue, NE 68005, offers a prime retail investment opportunity in a bustling Nebraska community. This 164,848 square foot shopping center, built in 1985, boasts a strong tenant mix anchored by Bakers and Dollar Tree, ensuring consistent foot traffic. The property's strategic location at the intersection of Galvin Road and Harvell Drive provides excellent visibility and accessibility. Currently, there are multiple spaces available, ranging from a minimum of 3,642 square feet to a maximum contiguous space of 13,742 square feet. A significant 13,742 square feet of vacant space is immediately available, including a 3,642 square foot former physical therapy space and a large, open 10,100 square foot area. The center benefits from a substantial population base drawn from Offutt Air Force Base, Bellevue University, and the surrounding residential areas and schools. This presents a unique chance to establish or expand a retail or office presence in a thriving market. The property is offered at a triple net lease rate of $3.13 per square foot.

    Property Features for 701 Galvin Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    164,848 SF
    Total Rate
    82424

    Building Details

    Year Built
    1985

    Unit(s) available at that property

    Space
    AP 1 Bay 111-112
    Size
    3,642 SF
    Rate per SF
    $12
    Space
    AP 1 Bay 111-113
    Size
    13,742 SF
    Rate per SF
    $12
    Space
    AP 1 Bay 113
    Size
    10,100 SF
    Rate per SF
    $6

    HighLights

    • Grocery‑anchored shopping center.
    • High‑visibility location with excellent signage opportunities.
    • Strong tenant roster with long‑term leases.
    • NNN lease structure; $2.39 per square foot (Annual Percentage Rent 1).
    Property Profile Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Andrew ... Insurance Agency American Plaza Shopping Mall Dollar Tree Dollar Store Danial Auto Glass ... Auto Repair Shop Jonathan Mcquistan Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.916401251044
    Latitude
    41.153768717039

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, Bellevue, NE.
    Where is this individual retail property located?
    The property is located at 701 Galvin Rd Bellevue, NE.
    What is the lease rate?
    The lease rate is $6-$12 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored shopping center.; High-visibility location with excellent signage opportunities.; Strong tenant roster with long-term leases.
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    701 Galvin Rd Bellevue, NE 68005
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    Realmo Value Estimation

    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.

    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.

    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
    701 Galvin Rd Bellevue, NE 68005
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