17020 Evans Plz Omaha, NE 68116-2313
- Banks
- 4,873 SF
- 1.12 lot acres
Feb 06, 2025
Current Use by Public Records
- Cobalt Credit Union / Credit Union
Property Details for 17020 Evans Plz
- Year built
- 2005
- Lot size
- 1.12 lot acres
- Property size
- 4,873 SF
- Zone code
- MU
- Property type
- Banks
- APN
- 2532189327
- APU
- 2532189327
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,265,000
- ML approach
- $2,025,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.1809
- Latitude
- 41.2916
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
