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Property profile & analytics
FOR LEASE
Drive through restaurants

5222 S 138Th St Omaha, NE 68137

3,829 SF 0.92 ac lot Built 1976
Entity Owned 3-yr Hold Free & Clear
Property ID
US57-0157887
Property summary
AI-generated overview

Deerfield Place, a vibrant retail center in Omaha's Millard area, offers diverse leasing opportunities totaling 59,129 square feet of vacant space within its 128,575-square-foot complex. Situated on a 12.75-acre lot, this two-building, single-story property boasts a prime location with convenient access from Q Street and Discovery Drive. The property, built in 1987, features a variety of space sizes, ranging from 1,600 square feet of in-line retail to substantial junior anchor spaces reaching up to 29,234 contiguous square feet. The flexible zoning (CC) allows for a wide range of uses, including retail, recreational, entertainment, automotive, medical, civic, and warehouse applications. Specific spaces are well-suited for various businesses; for example, one 4,586 square foot space is ideal for a salon, while another end-cap space at 3,560 square feet is well-suited for a childcare center or similar use. The property offers ample parking with a ratio of 6.35 spaces per 1,000 square feet (824 spaces total). Join established tenants such as USPS, Crunch Fitness, and others in this thriving community commercial center. Lease rates range from $8.95 to $15.95 per square foot, triple net, with a 2024 NNNs rate of $3.50 per square foot. This presents a unique opportunity for businesses seeking a well-located and versatile space in a bustling Omaha neighborhood.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1976
Total area 3,829 SF
Lot 0.92 ac (40,075 SF)
Zoning code CC
APN 117260006
UPID US57-0157887
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
  • SameDay-FlowerDelivery (Bike/Boat/Book/etc) Store Florist
  • Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$610k
Blend (final) Blend
$505k
Owner & transaction history
Burger King Company LLC · 3 yrs held
Burger King Company LLC
since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A
Zoning & alternative use
CC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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