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909 S 72nd St
Omaha, NE 68114

Kohl's · Retail Property For Sale

Investment Highlights

  • Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
  • Strong Location Fundamentals | 72nd Street Sees Over 22,000 Vehicles Per Day
  • Multiple Options Exercised | Tenant Has Already Exercised the First 2 of 10, 5-Year Options Without Lease Modifications
  • High Level of Commitment by Tenant | Kohl's Invested $300,000 Into a Remodel That Completed in June 2022
  • Robust Local Population Growth | 21% Increase in 5 Mile Radius Since 2010
  • High Relative Foot Traffic Among Kohl's Locations | 80th Most Trafficked Location out of 1,150 Nationally (placer.ai)

Executive Summary

SAB Capital is pleased to present a single-tenant Kohl's in Omaha, NE, the most populous city in the state. The tenant is subject to an absolute triple net (NNN) lease structure and recently invested $300,000 into a remodel of the store. The location has strong fundamentals with a 21% increase in the 5-mile population since 2010, and currently over 366,000 residents in that radius.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
80,684 SF
Building Class
B
Year Built
1996
Price
$18,566,968 CAD
Price Per SF
$230 CAD
Cap Rate
6.70%
NOI
$1,243,987 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.22
Lot Size
8.30 AC
Zoning
GC - General Commercial
Parking
350 Spaces (4.34 Spaces per 1,000 SF Leased)
Frontage
355 ft on S 72nd St

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4419-0467-06
Land Assessment
$2,645,354 CAD
Improvements Assessment
$5,274,459 CAD
Total Assessment
$7,919,813 CAD
  • Listing ID: 29146799

  • Date on Market: 2023-07-31

  • Last Updated:

  • Address: 909 S 72nd St, Omaha, NE 68114

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