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9939 Redick Cir Omaha, NE 68122

Strip malls Google Maps
22,000 SF 2.3 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$3.51M
Range $3.16M – $3.86M (±10%)
Property ID US57-0191248

Property summary

AI-generated overview

This exceptional 22,000 square foot retail strip center, built in 2004, presents a fantastic opportunity for businesses seeking high-visibility locations. Currently, 4,600 square feet of move-in-ready space is available, divisible into units ranging from 2,000 to 2,600 contiguous square feet. The property boasts a desirable end-cap location with the potential for a drive-thru, a significant advantage for many retail operations. The center enjoys a strategic position at the intersection of I-680 and Blair High Road (Nebraska Highway 133), ensuring excellent interstate visibility and high traffic counts. This prime location benefits from a strong anchor tenant, Walmart, and is complemented by established businesses such as Dollar Tree, Verizon, and CATO clothing store. The property features a single, one-story building with new flooring throughout, making it an attractive option for immediate occupancy. The space is ideal for a variety of retail uses and offers significant potential for growth and success. Don't miss this chance to secure a prominent retail presence in a thriving Nebraska market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 22,000 SF
Lot 2.3 ac (100,188 SF)
APN 2245254691
UPID US57-0191248

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.50M
CAP Approach CAP
$4.68M
Comparable Approach Comparable
$4.74M
Blend (final) Blend
$3.51M

Owner & transaction history

since 2022
Last sale
$3.6M
7 recorded transactions
2022
$3.6M
2021
$2.7M
2017
$2.4M
2009
Price N/A
2008
$1.2M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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