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Property profile & analytics
OFF-MARKET Estimated value $6,500,000
Strip malls

18920 Edna St Omaha, NE 68136-1715

13,265 SF 1.19 ac lot Built 2020
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US57-0399179
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a two-building, 24,053 square foot strip center in Omaha, Nebraska's thriving Sarpy County. Located at 18920 and 18960 Edna St, zip code 68136, this property boasts a desirable location with convenient front door parking. Built in 2018 and 2022, the center features high-quality brick masonry construction and a strong tenant mix including Burn Boot Camp, Dogtopia, Ref's Sports Bar & Grill, Central Nebraska Rehabilitation Services, and Sweet Beans Coffee Co. The property sits on a 3.54-acre lot (1.19 acres at 18920 and 2.35 acres at 18960), offering ample space and potential for future expansion. Currently operating at 91.7% occupancy, the center provides a stable income stream with competitive rents and scheduled escalations. The asking price is $6,975,000, representing a compelling 6.00% cap rate. Zoned for general business use, this property presents a rare opportunity to acquire a well-maintained, high-performing retail center in a growing market. The individual building sizes are 13,265 square feet and 11,298 square feet respectively. This property is an ideal addition to any investor's portfolio. The property is situated in an underserved area for retail and office services, presenting significant growth potential.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Total area 13,265 SF
Lot 1.19 ac (51,836 SF)
APN 11589929
UPID US57-0399179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dogtopia of Omaha-Millard Kennel & Boarding Facility
  • Ref's Sports Bar & Grill Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.50M
Owner & transaction history
Edna 189 LLC · 1 yrs held
Edna 189 LLC
since 2024
Last sale
$6.5M
6 recorded transactions
2024
$6.5M
2022
Price N/A
2019
Price N/A
2008
Price N/A
2007
Price N/A
2007
$450,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.4M +75.7%
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