9909 Redick Cir, Omaha, NE 68122-1677
This exceptional investment opportunity presents a 1,890-square-foot Quick Service Restaurant (QSR) located at 9909 Redick Circle in Omaha, Nebraska. The property sits on a 0.797-acre lot and boasts a highly desirable location in an outlot anchored by a Walmart, ensuring high visibility and consistent traffic. Less than a minute from I-80, this location benefits from exceptional accessibility and high traffic counts along Blair High Road, exceeding 21,055 vehicles per day. Ample parking is available for patrons. The building, constructed in 2009, is zoned Limited Industrial (LI) and is currently under a 10-year Absolute NNN lease commencing June 6th, 2024. The lease includes two 5-year renewal options, with a 10% rental increase after the initial five years and 2.5% annual increases in option rents. The asking price is $1,535,000, representing a compelling 6.5% capitalization rate. This property is part of a larger portfolio, but can be purchased individually. This is a turnkey investment opportunity with strong tenant occupancy and a proven track record. The property's strategic location, long-term lease, and attractive cap rate make it an ideal addition to any investment portfolio. The property's location in Douglas County, Nebraska, zip code 68122, offers easy access to major transportation arteries and a thriving consumer base.
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Jimmy John's Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.