Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering Catering Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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