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Property profile & analytics
FOR LEASE
Retail space

3000 Osborne Dr E Hastings, NE 68901

91,146 SF 9.15 ac lot Built 1990
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0947908
Property summary
AI-generated overview

This exceptional retail property, Hastings Commons, presents a unique investment opportunity in a high-traffic area of Hastings, Nebraska. Located at 3000 Osborne Dr E, 68901, this single-story, 1990-built strip center sits on 13.31 acres of land and boasts a total of 9 suites. Currently, there is 16,300 square feet of vacant space available, divisible into units ranging from a minimum of 4,300 square feet to a maximum contiguous space of 12,000 square feet. The property features ample parking with 522 spaces to accommodate customers and employees. Its strategic location within the North Arterial Retail Corridor ensures high visibility and accessibility, with a daily traffic count of 19,000 vehicles on Osborne Drive. Benefit from the strong shadow anchor of a Walmart Supercenter and the proximity to Menards. The upcoming North Park Commons Development further enhances the area's growth potential. The property's zoning is designated as 03 (specific zoning details should be verified independently). The Assessor's Parcel Number (APN) is 284-16457.81. This is an ideal opportunity for businesses seeking high visibility and convenient access in a thriving retail environment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 91,146 SF
Lot 9.15 ac (398,390 SF)
Zoning code COMMERCIAL
APN 10013896
UPID US57-0947908
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
  • Dollar Tree Grocery & Convenience Store Food Market
  • Bellino Fireworks Discount Store Party Supply Store
  • Tractor Supply Co. Pet Store & Service
  • Children's Museum of Central Nebraska Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.82M
Owner & transaction history
Wal Mart Realty Co · 19 yrs held
Wal Mart Realty Co
since 2007
1 recorded transaction
2007
$3.0M
Zoning & alternative use
COMMERCIAL · Hastings, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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