13510 Q Street Omaha, NE 68137

Property Details for 13510 Q Street

Year built

2009

Lot size

1.59 lot acres

Property size

14,452 SF

Zone code

NBD

Property type

Drug stores

APN

1023530190

APU

1023530190

Description

This exceptional investment opportunity presents a 14,550 square foot Walgreens located at 13510 Q St, Omaha, NE 68137, situated on a 1.73-acre lot. The property boasts a strong absolute NNN lease with a corporate guarantee from Walgreens, ensuring minimal landlord responsibilities. The lease has 11 years remaining, with significant option periods. The property enjoys a 7.85% cap rate and a substantial net operating income (NOI) of $410,981, with an asking price of $5,235,427 ($359.82/sq ft). The location is prime, positioned along a major commercial thoroughfare experiencing 24,928 vehicles per day, benefiting from excellent ingress and egress. The surrounding demographics are exceptionally strong, with 205,638 residents within a 5-mile radius and an average household income of $110,854. The property's strategic location is further enhanced by its proximity to Millard South High School (2,602 students) and numerous national retailers, including Dairy Queen, AutoZone, McDonald's, Taco Bell, Dollar Tree, O'Reilly Auto Parts, and Crunch Fitness. The property is currently 100% occupied. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a blue-chip tenant in a thriving Omaha neighborhood.

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Longitude

-96.1208

Latitude

41.2056

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments