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    OFF-MARKET
    Lifestyle centers

    0 72 & Sorensen Pkwy, Omaha, NE 68122

    Built 2006
    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
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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