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0 72 & Sorensen Pkwy Omaha, NE 68122

OFF-MARKET Lifestyle centers Google Maps
Built 2006
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Sorensen Park Plaza, located at the prominent intersection of 72nd & Sorensen Parkway in Omaha, Nebraska (zip code 68122), offers exceptional retail opportunities within a thriving mixed-use environment. This Class B shopping center, built in 2006, comprises five single-story buildings totaling a significant amount of space. Currently, 38,182 square feet of retail space is available, with individual units ranging from 1,050 to 11,700 contiguous square feet, allowing for flexibility in tenant needs. The property boasts a strong anchor tenant, Target, and benefits from an excellent tenant mix. Its strategic location provides immediate adjacency to Great Escapes, a 16-screen movie theater, ensuring high foot traffic and visibility. The area is further bolstered by the presence of major employers including First Data Resources, Prairie Systems, MediBadge, and the Immanuel Hospital Medical Center, which employs over 2,000 people and is currently undergoing a $60 million expansion. This expansion, along with the existing strong employment base, guarantees a substantial and growing customer base for businesses within Sorensen Park Plaza. The property is zoned for mixed use within Douglas County, offering diverse development possibilities. This prime retail location presents a unique investment opportunity in a dynamic and rapidly growing area of Omaha.

Property profile

Verified
Property type Lifestyle centers
Year built 2006

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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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