A single-tenant retail pharmacy property configured for an absolute NNN structure, anchored by a Walgreens store. The building is 13,348 square feet and is located at 705 N Burlington Ave in Hastings, Nebraska. The property’s primary tenant is Walgreen Co. (Walgreens), operating as a retail pharmacy with an indicated presence of a single Walgreens Pharmacy within a 22-mile radius. The lease is structured as an initial 15-year absolute NNN term with 12+ years remaining as described in the materials, and it includes scheduled rental escalations of 5% every five years.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$32k

Tax billed · 2023

Assessed value$1.56M

Assessed land$154k

Assessed improvement$1.40M

Effective rate2.06%

Value estimate

· Nov 2026

$2.18M

$1.96M – $2.39M

AI approach$2.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

COMMERCIAL

JurisdictionADAMS

Location intelligence

Which uses thrive at this corner?

Best fit: Parking Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Parking Facility10.3

Realty agency9.6

Carpet & Flooring Store9.1

705 Burlington Ave Hastings, NE 68901-4419

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

115 Elm, Hastings, NE 68901-6484 $310,000 Feb 2024 7,252 SF

920 Burlington, Hastings, NE 68901-6913 $800,000 Dec 2023 45,096 SF

726 2nd, Hastings, NE 68901-5103 $120,000 Feb 2023 5,040 SF

1035 Burlington, Hastings, NE 68901-6916 $210,000 Nov 2022 10,328 SF

620 2nd St, Hastings, NE 68901-5182 $79,000 Aug 2020 6,452 SF

3212 Osborne E, Hastings, NE 68901-1937 $400,000 Sep 2019 4,589 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$595,000

11,928 SF

525 33rd St

RETAIL STORES (PERSONAL SERVICES)

525 33rd St, Hastings, NE 68901-2639

View Details
Value Estimation
$295,000

10,074 SF

642 2nd St

RETAIL STORES (PERSONAL SERVICES)

642 2nd St, Hastings, NE 68901-5177

View Details
Value Estimation
$630,000

9,400 SF

101 J St

RETAIL STORES (PERSONAL SERVICES)

101 J St, Hastings, NE 68901-7003

View Details
Value Estimation
$540,000

20,600 SF

419 Es St

RETAIL STORES (PERSONAL SERVICES)

419 Es St, Hastings, NE 68901-6354

View Details
Value Estimation
$640,000

8,825 SF

1103 Es St

RETAIL STORES (PERSONAL SERVICES)

1103 Es St, Hastings, NE 68901-6443

View Details
Value Estimation
$590,000

8,800 SF

2220 Kansas Ave

RETAIL STORES (PERSONAL SERVICES)

2220 Kansas Ave, Hastings, NE 68901-2634

View Details

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705 Burlington Ave Hastings, NE 68901

Property summary