17020 Evans Plz Omaha, NE 68116-2313
This exceptional investment opportunity presents a fee-simple interest in a 4,886 square foot bank building located at 17020 Evans Plaza, Omaha, Nebraska. The property sits on a 1.12-acre lot and boasts 40 parking spaces. Currently 100% occupied by Cobalt Credit Union, a financially strong credit union with a 78-year history and 26 locations, the property is subject to a new 10-year absolute NNN lease commencing January 1, 2025, and expiring December 31, 2034. The lease includes a corporate guarantee and features attractive 2.5% annual rent bumps. The property's strong financials include a Net Operating Income (NOI) of $185,668 and a 6.75% cap rate. Built in 2005, the single-story building is zoned MU Mixed Use and benefits from a high-traffic, signalized corner location on West Maple Road, experiencing over 28,000 vehicles per day. The property is part of the Target-anchored Whispering Ridge Shopping Center, attracting 4.2 million annual visits. The lease includes two 5-year renewal options. The asking price is $2,751,000. Average household incomes within a 5-mile radius exceed $150,000, indicating a strong and affluent demographic. The property's APN is 2532189327.
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Cobalt Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
MU · Omaha, NEOmaha. Always verify with local authorities before improvements.
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.