16170 Stevens Pointe St Gretna, NE 68028
- Specialty properties
- 3,726 SF
- 3.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 16170 Stevens Pointe St
- Year built
- 2022
- Lot size
- 3.00 lot acres
- Property size
- 3,726 SF
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
Exceptional investment opportunity in a thriving Gretna, Nebraska location. This 3,726 square foot Tidal Wave Auto Spa sits on a 3-acre lot at 16170 Stevens Pointe St, 68028. The property benefits from a 20-year triple net (NNN) lease, commencing December 28, 2022, and expiring December 27, 2042, with a remaining term of 18.1 years. The current annual net operating income (NOI) is $415,000, representing a 6.55% cap rate on the $6,335,878 asking price. The lease includes a corporate guarantee and features a 100% occupancy rate. Annual rent increases of 2% are scheduled, beginning in year seven. This prime location boasts high traffic counts exceeding 107,800 vehicles daily, situated near major highways (S 144th St, I-80 Hwy, and Strategic Air Command Hwy) and two local airports. The surrounding area features a strong retail corridor with numerous national retailers including Walmart, Cabela's, Sam's Club, Costco, and Target, along with a high concentration of fast-food restaurants. Furthermore, the proximity to the University of Nebraska - Omaha and Bellevue University, with a combined enrollment exceeding 19,300 students, contributes to a robust consumer base. The affluent community boasts average household incomes exceeding $132,100 within a 1-mile radius and $129,900 within a 5-mile radius. This property presents a compelling investment opportunity with strong tenant credit, long-term lease, and significant upside potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gretna
- County
- Sarpy
- State
- Nebraska
- Longitude
- -96.1637
- Latitude
- 41.1445
