13510 Q St Omaha, NE 68137-3116
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.
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Walgreens Pharmacy Pharmacy
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Walgreens Cosmetic Store
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Walgreens Photo (Bike/Boat/Book/etc) Store
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Alyssa D. Pierson, PharmD Pharmacy
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Sharilyn J. Kawa, RPH Pharmacy
The NBD neighborhood business district is designed for established local business districts in the city. These districts were the commercial cores of towns that the city eventually annexed or developed along or at the intersections of public transportation routes
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NBD · Omaha, NEThe NBD neighborhood business district is designed for established local business districts in the city. These districts were the commercial cores of towns that the city eventually annexed or developed along or at the intersections of public transportation routes
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.