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Property profile & analytics
OFF-MARKET Estimated value $3,125,000
Drug stores

6005 72nd St Omaha, NE 68134-2300

14,466 SF 1.7 ac lot Built 2007
Entity Owned 2-yr Hold Free & Clear
Property ID
US57-0261640
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 13,000 square foot Walgreens pharmacy located at 6005 N 72nd St, Omaha, NE 68134. The property sits on a 1.7-acre lot and boasts a 14-year remaining lease term (commencing November 20, 2023 and expiring November 29, 2038) with a corporate guarantee from Walgreens. The absolute NNN lease structure ensures minimal landlord responsibilities. A significant advantage is the built-in rent escalations of 5% every five years, providing consistent income growth. The property's strong financial performance is reflected in a 6.15% cap rate and a net operating income (NOI) of $228,144, with an asking price of $3,650,304 ($285.36 per square foot). Built in 2007, this strategically located Walgreens benefits from high visibility on a signalized hard corner with over 55,000 vehicles passing daily. Its proximity to four major schools (totaling over 4700 students), CHI Health hospital, and a Target-anchored shopping center with numerous national tenants (including Petsmart, Ross, Marshalls, Big Lots, Taco Bell, KFC, and Chick-fil-A) ensures strong and consistent customer traffic. The 10-mile trade area boasts a population exceeding 215,000 residents with an average household income over $77,000, further solidifying the investment's potential. The lease includes twelve, five-year options. 100% occupancy is currently maintained.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2007
Total area 14,466 SF
Lot 1.7 ac (74,052 SF)
Zoning code CC
APN 2233978020
UPID US57-0261640
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
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • Coinhub Bitcoin ATM Teller Atm
  • FedEx OnSite Postal Service Courier Service
  • Blue Rhino Propane Exchange Propane Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.13M
CAP Approach CAP
$2.69M
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$3.13M
Owner & transaction history
Walgreen Co · 2 yrs held
Walgreen Co
since 2023
Last sale
$3.1M
2 recorded transactions
2023
Price N/A
2023
$3.1M
Zoning & alternative use
CC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.8M +110.1%
Neighborhood: shopping center $2.7M +19.6%
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