14425 Stony Brk Blvd Omaha, NE 68137

Property Details for 14425 Stony Brk Blvd

Year built

2024

Lot size

0.83 lot acres

Property size

2,360 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a brand-new, 2,360-square-foot Starbucks located in Omaha, Nebraska. The property boasts a strong 10-year absolute NNN lease with Starbucks Corporation (S&P BBB+ Credit Rating, Moody's Baa1 Rating), featuring a 10% rent increase every five years. Situated on a 0.83-acre pad site adjacent to a Hy-Vee grocery store, this location benefits from high visibility and traffic counts of 31,261 cars per day on S 144th Street, a major north-south thoroughfare. The building, constructed in 2024, is a build-to-suit design reflecting Starbucks' newest prototype and is expected to open in December 2024. The property's strong demographics include a total population of 194,351 within a 5-mile radius and an average household income of $141,657 within a 1-mile radius. Nearby retailers include Walmart, Sam's Club, Target, and many others, further enhancing the location's appeal. The property is zoned C and offers a 6.00% cap rate with a Net Operating Income (NOI) of $170,000. This is a fee-simple ownership opportunity with a lease expiring November 30, 2034, providing a substantial remaining lease term of approximately 10 years. The property's strategic location near major roadways, a grocery anchor, and numerous other retail establishments, combined with the strength of the Starbucks tenant and lease terms, makes this an attractive investment. The property is also conveniently located near several educational institutions and a major hospital, further solidifying its long-term potential.

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Longitude

-96.1402

Latitude

41.1977