15325 Weir St, Omaha, NE 68137-5057
- Office buildings
- 8,136 SF
- 1.61 lot acres
Current Use by Public Records
- Kleppinger Scott M DDS / Dental Office
- Kleppinger Family Dentistry / Dental Office
- Cobalt Credit Union / Credit Union
- ONE SIX EIGHT Network / Church
Property Details for 15325 Weir St
- Year built
- 2003
- Lot size
- 1.61 lot acres
- Zone code
- MU
- Property type
- Office buildings
- APN
- 2409126772
- APU
- 2409126772
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 17, 2024 | $3,685,000 | Bdb 153 Weir LLC | Cobalt Credit Union | Special Warranty Deed | $2.9M · Cobalt Cu |
Description
This exceptional investment opportunity presents a fee-simple interest in a 15,846 square foot retail property located at 15325 Weir St, Omaha, NE, 68137. The property sits on a 1.61-acre lot and boasts 40 parking spaces. Currently 100% occupied by Cobalt Credit Union, a financially sound credit union with a 78-year history and 26 locations, the sale includes a new 10-year absolute NNN master lease with 2.5% annual rent bumps. The lease features four, five-year renewal options, ensuring long-term, passive income. The property's NOI is $285,228, resulting in a 7.75% cap rate and a price per square foot of $232.30. Cobalt Credit Union's lease includes subleases from Edward Jones and Kepplinger Family Dentistry, totaling 3,013 square feet and generating $68,102 in annual rent. The property is strategically located on a high-traffic, signalized corner with a dedicated pylon sign, offering excellent visibility. It's an outparcel to the high-performing Walnut Grove Plaza shopping center, anchored by Planet Fitness, Urban Air, and CHI Health, further enhancing its desirability and potential for continued success. Built in 2003, this property offers a secure, high-yield investment with significant upside potential. The asking price is $3,681,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.1545
- Latitude
- 41.2059
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
