9614-9820 71St Plz Papillion, NE 68133
- Retail properties
- 12,432 SF
- 1.70 lot acres
Current Use by Public Records
- Retail properties
Property Details for 9614-9820 71St Plz
- Year built
- 2015
- Lot size
- 1.70 lot acres
- Property size
- 12,432 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Papillion
- County
- Sarpy
- State
- Nebraska
- Longitude
- -96.0228
- Latitude
- 41.1629
