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Property profile & analytics
OFF-MARKET
Neighborhood centers

2423-2457 120Th St Omaha, NE 68144

23,844 SF Built 1981
Property ID
Property summary
AI-generated overview

Plaza II, a two-story retail strip center totaling 23,844 square feet, presents a prime investment opportunity. Located on 120th Street, just north of West Center Road, this property boasts exceptional visibility and high traffic counts, averaging 22,426 vehicles daily. The center comprises three suites, offering flexible space options ranging from a minimum of 1,940 square feet to a maximum contiguous space of 10,003 square feet. Currently, 10,003 square feet are vacant, providing immediate occupancy potential for a variety of retail uses. Built in 1981, the property benefits from strong demographics within a three-mile radius, including a population of 79,535, an average household income of $100,720, and 34,263 households. Suite 2423 offers the added advantage of a dedicated pylon sign, enhancing its visibility and branding opportunities. This Southwest submarket location provides excellent access to a substantial customer base, making Plaza II an attractive proposition for businesses seeking high-impact retail space. The property's strategic location and strong demographics make it an ideal choice for businesses looking to establish or expand their presence in a thriving retail environment. The available space presents a unique opportunity to capitalize on the high traffic volume and strong local demographics.

Property profile
Verified
Property type Neighborhood centers
Year built 1981
Total area 23,844 SF
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
Allowed · conditional · prohibited
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