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Property profile

9614-9820 71St Plz Papillion, NE 68133

OFF-MARKET
Retail properties & Spaces
12,432 SF 1.7 ac lot Built 2015
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Property summary

AI-generated overview

This exceptional retail property, located at 9614-9820 S 71st Plaza in Bellevue, Nebraska (zip code 68133), offers a compelling investment opportunity. Built in 2015, this 12,432-12,486 square foot center sits on a 1.7-1.86 acre lot and boasts a 7.25% cap rate with a Net Operating Income (NOI) of $678,519. Currently 100% occupied, the property benefits from strong lease structures with built-in annual increases. The center is strategically positioned in a high-traffic retail corridor serving Papillion, LaVista, and Ralston, with over 42,800 vehicles passing daily at the intersection of Cornhusker Road and South 72nd Street. Major anchors include Hobby Lobby, Sam's Club, and a newly opened (2024) ALDI. The property enjoys excellent access via two signalized, full-access intersections, plus additional ingress/egress. Its location offers proximity to numerous other national retailers within a one-mile radius, including Walmart, Lowe's, Kohl's, and popular restaurants. Furthermore, its proximity to Offutt Air Force Base, a major employer, adds to its long-term value and potential. This is a stable, high-performing asset with significant upside potential for the discerning investor. The asking price is $9,358,883.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2015
Total area 12,432 SF
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9614-9820 71St Plz Papillion, NE 68133
Papillion metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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