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    7775 Olson Dr Papillion, NE 68046
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    Property profile & analytics

    7775 Olson Dr, Papillion, NE 68046

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    • Super regional malls
    • 3,500 SF
    • 42.05 lot acres
    Regional Shopping Center in Papillion For Lease
    $860,000
    654,666 SF

    Regional Shopping Center in Papillion

    654,666 SF shopping center at 72nd and Highway 370.

    7775 Olson Dr, Papillion, NE 68046
    View Listing
    Property ID
    US57-0116788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $860,000
    Cap Rate Potential
    5.4%
    Super regional malls
    Location Intelligence

    Current Use by Public Records

    • Super regional malls

    Property Details for 7775 Olson Dr

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    42.05 lot acres
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    11589302
    APU
    11589302

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 14, 2026 $94,300,000 G & I Xi Shadow Lake LLC Ppg Shadow Real Estate LLC Special Warranty Deed —
    May 14, 2026 — G & I Xi Shadow Lake LLC Ppg Shadow Real Estate LLC Quitclaim Deed $66.9M · Bank Of Amierca NA
    Sep 20, 2023 — Ppg Shadow Real Estate LLC — Deed · related $62.5M · Lmf Commercial LLC
    Jan 20, 2022 — Ross Dress For Less INC Ppg Shadow Real Estate LLC Lease —
    Sep 1, 2021 — Ppg Shadow Real Estate Ll — Deed · related $51.4M · Pacific Western National Bank
    Oct 18, 2007 $19,517,000 Shadow Lake Towne Center LLC Papillion Development LLC Grant Deed $83.8M · Bear Stearns Commercial Mtg

    Description

    Shadow Lake Towne Center, a premier 654,666 square-foot shopping destination in Papillion, Nebraska, offers exceptional executive office space. Located at the southwest corner of 72nd Street and Highway 370, this 2007-built property boasts a diverse range of national and regional tenants, including Dick's Sporting Goods, JCPenney, ULTA, and many more, ensuring high foot traffic and visibility. The center offers multiple tenancy options with spaces ranging from 774 to 64,000 contiguous square feet, with 130,649 square feet currently vacant. This prime Sarpy County location provides easy access to major roadways and a vibrant community. Ideal for businesses seeking a prestigious address within a thriving retail environment, this property presents a unique opportunity to establish or expand your operations. The available spaces are perfect for businesses of various sizes, offering flexibility and adaptability. The property's strategic location within a successful shopping center guarantees high visibility and accessibility for clients and employees alike. Don't miss this chance to secure your space in this dynamic and successful commercial center. Contact us today to learn more about the available office suites and leasing options.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $890,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $805,000
      6.5%
      $745,000
      7%
      $690,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $940,000
      Market price range: $319k - $941k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $655,000
      Current use
      RETAIL STORES
      $545,000
      Change: -16% Conversion: Easy
      MEDICAL BUILDING
      $530,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0294
    Latitude
    41.1349
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,146,838
    $10,991,376
    $49,915,501
    $60,906,877
    -
    $10,991,376
    $49,915,501
    $60,906,877
    View Listing
    More about this property
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