Property profile

3604 Twin Creek Dr Bellevue, NE 68123

FOR LEASE
Strip malls
Property ID
US57-0007357
20,000 SF 2.49 ac lot Built 1998
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Twin Creek Plaza, located at 3604-4102 Twin Creek Drive in Bellevue, Nebraska (zip code 68123), presents a significant retail and office investment opportunity. This 66,961 square foot strip center sits on a substantial 135-acre lot in Sarpy County, offering excellent visibility and accessibility along Highway 370. The property's multiple tenancy configuration provides flexibility for a variety of businesses. Currently, there are 3,575 square feet of vacant space available, divisible into units as small as 1,169 square feet, with a maximum contiguous space of 3,939 square feet. The property's location within established, attractive neighborhoods offers a strong potential for sustained occupancy and growth. Its prominent position along a major thoroughfare ensures high traffic volume and exposure, making it an ideal location for businesses seeking strong visibility and accessibility. The property's size and configuration offer significant potential for redevelopment or expansion, catering to a wide range of business needs. This is a rare opportunity to acquire a well-located, sizable commercial property in a thriving Nebraska community. The property is classified as a retail and office strip center.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction STEEL FRAME
Total area 20,000 SF
Lot 2.49 ac (108,360 SF)
APN 11317183
UPID US57-0007357

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company Real Estate Agency
  • Atm
  • Loan Service Bank
  • Restaurant
  • Medical Clinic Skin Care Clinic

Location

3604 Twin Creek Dr Bellevue, NE 68123
Bellevue metro Census 10203 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.82M

Owner & transaction history

since 2005
2 recorded transactions
2005
$14.7M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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